UK signs insurance free trade deal with Switzerland

clock • 2 min read

The UK and Switzerland are to continue to trade freely within the insurance sector post-Brexit, as both countries inked a deal at the World Economic Forum in Davos . According to HM Treasury, the new arrangement copies the current EU agreement with Switzerland and will come into force when UK exits the EU. The chancellor of the exchequer, Phillip Hammond, and the president of the Swiss confederation and head of the federal department of finance, Ueli Maurer,  signed the deal.  The move follows on from the UK and the USA agreeing a text in December designed to ensure the insurance and ...

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