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FBD cuts earnings forecast

22nd June, 2014
Andrew Langford.

FBD cuts earnings forecast

Insurer FBD has cut its full-year operating earnings per share forecast to between 70 and 80 cent.

In a trading statement issued on Friday, the insurer said that the combined impact of ''the increase in claims frequency and the weather related claims will be €16 million in 2014.

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