Insurance group FBD Holdings has said it is on track to return to profit in 2017 after reporting a big reduction in losses for the first half of this year.
Pre-tax losses for the period were €3.65m, compared with losses of €96.4m in the same period last year.
Gross written premium – the total amount of insurance – fell 2 per cent to €181m, mainly due to a reduction in broker business. The underwriting...
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