Friday, February 21, 2025

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Effective captive regime can accelerate UK insurance market growth – Chris Lay 

An effective captive regime in the United Kingdom could accelerate growth of the country’s insurance market, according to Chris Lay, CEO of Marsh McLennan UK. 

Lay’s comments come following the 7 February deadline of the three-month consultation launched by the UK’s Chancellor of the Exchequer, Rachel Reeves MP, on whether to establish a UK regulatory regime for captives. 

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