A second home in the sun may be in prospect for the London Steam-Ship Owners' Mutual Insurance Association (London Club).
The protection and indemnity club is looking at Cyprus and Malta as potential domiciles for a new operation that will have to be set up as a result of the UK leaving the European Union.
The London Club, the last of the six UK based P&I clubs to disclose its Brexit planning, has also not ruled out landlocked Luxembourg as an alternative to a Mediterranean island.
