Premium refunds made to customers of the European Risk Insurance Company hf (ERIC)

6th January 2016

The Financial Services Compensation Scheme (FSCS) has issued premium refunds to more than 2,600 European Risk Insurance Company (ERIC) policyholders. FSCS is working with ERIC to determine the payment details of the remaining policyholders so payments can be issued.

FSCS calculates compensation at 90% of the unused premium and will pay this by cheque.

For more information please refer to our ERIC Q&As.  If you have any other queries please contact our Customer Services Team by email at  You can also phone them on Freephone 0800 678 1100 or 0207 741 4100.