ABI responds to proposed Brexit deal

The Association of British Insurers has responded to the proposed Brexit deal, describing the outcome as a 'positive sign'.

Huw Evans, director general of the ABI, said, 'This agreement is a positive sign, but the key test is whether Parliament will vote for it. It is important that however we leave the EU, we do so in an orderly way that provides certainty for business, consumers and our world-leading insurance and long-term savings industry.

'Then we can move on to the important question of what a constructive future relationship with the EU looks like, that avoids the UK becoming a permanent rule-taker.'