Company Watch: FBD posts robust half-year results, but Covid payouts remain an issue

The insurer has posted a pre-tax profit of €22 million for the first half of this year

8th August, 2021
Company Watch: FBD posts robust half-year results, but Covid payouts remain an issue
Paul O’Donovan, Olympic gold medallist, pictured, and Kellie Harrington, the Olympic boxer, are FBD brand ambassadors. Picture: INPHO/Ryan Byrne

Tomás Ó’Midheach is used to the early starts that come with corporate results season. Last Friday, the FBD chief executive was up early to prep for a busy schedule of calls with analysts and media after the insurer posted a robust set of half-year results.

The company reported a pre-tax profit of €22 million for the first half of the year – a significant turnaround on the €9.3 million loss it...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Donohoe warns insurers could reduce investment if taxed over state supports

Powers of deduction: Why insurers are under fire over cuts to payouts

Data on insurers’ payout deductions won’t be published this year

Fleming to examine if British insurers’ pledge can be replicated in Ireland