PRA fines U K Insurance Limited £10,625,000

Bank of England (News)

The Prudential Regulation Authority (PRA) has imposed a financial penalty of £10,625,000 on U K Insurance Limited (UKI Limited) in connection with a miscalculation of their Solvency II balance sheet during 2023 and 2024. ...

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Bank of England (News)

PRA fines U K Insurance Limited £10,625,000

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