June 26 (Reuters) - QBE Insurance Group Ltd (QBE) :
- Notes United Kingdom (UK) referendum regarding ongoing membership of European
union (EU) seen majority of votes cast in favour of leaving EU
- Should EU passporting rules not be preserved, QBE will be required to renew
this business into newly established licensed EU entities
- QBE does not anticipate any material impact on day to day insurance operations as result of UK's decision to leave the EU
- Referendum outcome may require revised approach in relation to about GBP500
million of insurance and reinsurance co currently sources from EU countries
- Ability to source business from EU member countries remains unchanged
News: QBE QBE Insurance does not anticipate any material impact on day to day insurance ops on...
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