FBD to announce plan to raise €100m

22nd August, 2015
Chief executive Andrew Langford stepped down suddenly at the end of July.

Insurer FBD Holdings will tomorrow unveil detailed plans to raise about €100 million as it looks to fend off questions about its capital levels and slumping share price.

FBD is also expected to warn consumers that substantial increases in insurance premium prices are on the way for a number of years.

It’s understood that acting chief executive Fiona Muldoon will provide specific details of the capital raising action when the company announces its half year...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Get basic

*New subscribers only

You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

You can cancel any time.

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

Tom Maguire: Tax changes we make now could help business for years

More Business Tom Maguire 9 months ago

The Daily Briefing

The Daily Briefing