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Great Brexit Insurance Migration Shifts $75 Billion From London

  • Underwriters moving business to EU units; Lloyd’s is lagging
  • U.K.’s outsized global insurance role faces gradual erosion
London Mayor Frustrated With Attempts to 'Make City Poorer'
Photographer: Chris J Ratcliffe/Bloomberg

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London’s outsized role in the global insurance industry is being whittled down by Brexit.