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Lloyd’s broker UIB charged by UK over alleged Ecuador bribes

by AIP Online Bureau | Apr 19, 2025 | Intermediaries, International News, Non-Life, Policy, Reinsurance

UIB sold reinsurance services to state-backed insurers covering parts of the Ecuadorian public sector, including the state water and electricity companies between 2013 and 2016, the SFO said. The broker is accused of £3 million to intermediaries who then bribed an...

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