Company Watch: Norwegian insurer dampens FBD takeover speculation

Share reshuffle occurs as concerns arise over unknown future costs arising from Covid-19 insurance claims

18th April, 2021
Company Watch: Norwegian insurer dampens FBD takeover speculation
FBD: there was talk of a potential takeover of the insurer last week

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....

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

Insurers to appoint and pay ‘independent’ experts who oversee compliance with law

Insurance Peter O'Dwyer 1 month ago

CCPC closes investigation into alleged cartel-like behaviour in insurance industry

Insurance Peter O'Dwyer 1 month ago

Aston Lark buys its fifth Irish broker this year

Insurance Peter O'Dwyer 1 month ago

Analysis: FBD must weather increase in cost exposure to Commercial Court ruling

Insurance Peter O'Dwyer 1 month ago