Company Watch: Norwegian insurer dampens FBD takeover speculation
Share reshuffle occurs as concerns arise over unknown future costs arising from Covid-19 insurance claims
FBD has become accustomed to being in the public eye over the past year. But even so, last week was a particularly busy one for the insurer.
Major shareholdings in its business changed hands, there were continuing developments in its handling of Covid-19 business interruption (BI) claims, and there was even talk of a potential takeover as the week drew to a close.
Speculation on the latter issue may prove to have been premature, however....
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