FSCS offers reassurance to defaulted Eric's UK policyholders
The majority of the European Risk Insurance Company’s UK policyholders are expected to be covered despite the unrated carrier going into default, according to the Financial Services Compensation Scheme.
The FSCS is hopeful of paying claims against the passporting insurer and is working with the firm's resolution board, which was appointed on 12 February 2014 by the Icelandic regulator - the Financial
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