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IUA comment on the Budget

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Dave Matcham

Dave Matcham

Dave Matcham, Chief Executive of the International Underwriting Association, said: “The IUA welcomes the Chancellor’s comments on global reinsurance in the Budget and looks forward to learning in more detail about his plans to help make the London market as competitive as possible.

“We hope this will prove a positive first step in a long-term project for our industry to work collaboratively with HM Treasury to explore more ways of attracting international business.

“The London Market Group, through an initiative sponsored by IUA Chairman Malcolm Newman, is already in close contact with Treasury officials and we look forward to continuing this relationship in the months ahead.”


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