Wednesday July 8, 2020

FBD to announce plan to raise €100m

Ian Guider

Markets Editor

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

Then €19.99 a month after the offer period.

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.

Team Pass

Get a Business Account for you and your team

Related Stories

As the online debate on trans issues remains heated, those affected by them in the real world are calling for more support, space and understanding. But are their voices being heard?

Colin Murphy | 2 weeks ago

The former NTMA head says he is ‘quite alarmed’ at the potential for legal actions over the large number of deaths in nursing homes during the crisis

Michael Brennan | 2 months ago

Oil storage in the self-styled ‘Pipeline Crossroads of the World’ is full to the brim, but the black stuff keeps on coming. With much of the world’s economy in a Covid-19 slowdown, at one point last week, benchmark US crude oil was priced at minus $37.63 a barrel

Barry J Whyte | 2 months ago