Complex sentence: The Luxembourg financial centre is the largest investment fund centre in Europe-and second in the world after the United States-the leading private banking centre in the Eurozone and the largest captive reinsurance centre in Europe.
Split into simpler sentences: The Luxembourg financial centre is the largest investment fund centre in Europe, and second in the world after the United States. It is the leading private banking centre in the Eurozone and the largest captive reinsurance centre in Europe.