Why FBD careered off the road

The beleaguered insurer was renowned for its steady conservatism, making its current troubles all the more difficult to fathom

22nd August, 2015
FBD’s head office on the Naas Road in Dublin Picture: Maura Hickey

For the beleaguered investors in FBD, it’s hard to believe now that just over a decade ago, motor insurance prices were so high that several major insurers were generating profit margins which were a multiple of those being made by their British counterparts.

Price hikes were forcing many drivers off the roads. It suited insurers well at the time. Profits were juicy. Besides, they were also being hit by excessive legal bills when...

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 10 months ago

The Daily Briefing

The Daily Briefing