The potential collapse of Latvian insurer Balva could cost the UK Financial Services Compensation Scheme (FSCS) around £60mn based on its market share in the UK solicitors' professional indemnity (PI) sector.
The potential collapse of Latvian insurer Balva could cost the UK Financial Services Compensation Scheme (FSCS) around £60mn based on its market share in the UK solicitors' professional indemnity (PI) sector.