FSCS details £23m MCE Insurance Company recovery from £90m hit

The Financial Services Compensation Scheme has secured £23m from the estate of Gibraltar-based Green Realisations 123, formerly known as MCE Insurance Company, after paying out approximately £90m in compensation to the firm’s customers. In the FSCS’s 2022/23 annual report the figure stood at just over £50m. The insurance arm of motorbike specialist MCE fell into … Read more