Direct Line’s main underwriting subsidiary has been hit with a £10.6 million fine by the Bank of England’s Prudential Regulation Authority (PRA) for wrongly calculating its financial strength over a ...
Aviva’s Direct Line business has been fined £10.6 million by the Bank of England’s banking stability watchdog after wrongly calculating the balance sheet strength of its underwriting subsidiary over ...
The Prudential Regulation Authority said the firm’s main underwriter, UK Insurance Limited, miscalculated its balance sheet during 2023 and 2024. Aviva’s Direct Line business has been fined £10.6 ...
Add Yahoo as a preferred source to see more of our stories on Google. Aviva’s Direct Line business has been fined £10.6 million by the Bank of England’s banking stability watchdog after wrongly ...
Aviva’s Direct Line business wrongly calculated the balance sheet strength of its underwriting subsidiary for two years (PA) Aviva’s Direct Line business has been fined £10.6 million by the Bank of ...
This article is brought to you by our exclusive subscriber partnership with our sister title USA Today, and has been written by our American colleagues. It does not necessarily reflect the view of The ...