Chubb CEO: London diminished, not dire after Brexit

Chubb CEO: London diminished, not dire after Brexit

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Britain and EU Make Progress On Brexit Divorce Bill

Negotiations on Britain's exit from the European Union are finally making progress on the thorny issue of money. The pound surged to its highest level against the dollar in two months following reports that Britain is poised to agree to pay tens of billions of euros to settle its divorce bill with the EU. The currency added 0.5% to trade at $1.34 on Wednesday.