Balva’s UK ban raises questions over SRA list of qualifying PI insurers

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A move by the Latvian regulator to suspend the passporting rights of Riga-based insurer Balva has reignited broker concerns about the presence of unrated insurance companies operating in the UK market.

As revealed by Post Online, the Latvian firm was prevented from underwriting new business in the UK by the Financial & Capital Market Commission last month. However, on Tuesday, the regulator

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