Updated: Partner Re firms fined €1.5m for Solvency II breach
The Central Bank of Ireland has fined two Dublin-based subsidiaries of Partner Re €1.54m (£1.35m) for breaches of the European Union regulation on solvency requirements.
Partner Re Ireland Insurance DAC was fined for a total of six breaches and its sister company Partner Reinsurance Europe SE was fined in respect of three breaches.
The fine, one of the largest ever
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