LONDON, March 1 (Reuters) - Insurer Legal & General said on Tuesday that the economic case for a British exit fromthe European Union was unproven, even though 'Brexit' would haveminimal impact on its own operations.
"We consider that a vote to leave would have little directimpact on trading for Legal & General: our customer base islocated very largely in the UK, the US and Asia," the companysaid in a statement.
However, the firm said such a vote would create uncertaintyfor both the economy and financial markets. Given that, and alack of clarity about Britain's future trading relationships,the economic case for leaving was currently unproven, it added.
As well as selling a range of insurance services around theglobe, L&G is also one of the largest investors in the Britishstock market through its asset management arm. (Reporting by Simon Jessop; editing by Carolyn Cohn)
Legal & General (LGEN)
