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Growing irish market no longer green. (insurance industry in Dublin, Ireland)
Business Insurance
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April 27, 1998|
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COPYRIGHT 1998 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group.
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DUBLIN, Ireland - Dublin is emerging as an important international market as more insurers and reinsurers set up operations in the city.
Many have taken advantage of being able to write business across Europe under the Third Life and Non-Life Insurance Directives and set up shop as International Financial Services Centre companies - with the additional bonus of a 10% corporate tax environment until 2005.
Among the new entrants to the Dublin market last year was Liberty International Underwriters, a subsidiary of Boston-based Liberty Mutual Insurance Co.
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