FBD defends share dividend as policyholder claims still unpaid

The company, which has been dogged by controversy over its handling of business interruption claims from businesses affected by the pandemic, said it expected the saga to cost it €44 million net of reinsurance after discussions with its reinsurers

FBD, the Irish insurance company, last Friday announced a pre-tax profit of €110 million for 2021 compared to just €4.8 million the previous year