UK Watchdog Fines Aviva Unit $14 Million Over Solvency Miscalculation

Britain’s banking stability watchdog has fined U K Insurance Ltd., now part of Aviva, 10.6 million pounds ($14.2 million) over a miscalculation in its Solvency II balance sheet for 2023 and 2024. The Prudential Regulation Authority (PRA), part of the …

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