BANK OF ENGLANDcentral bank

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

2026-03-11 10:00ZRead full speech on bankofengland.co.uk

From the original

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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