Companies
FBD Insurance forecasts higher than expected profit of at least €70m
Figure is significantly ahead of market expectations, the firm said, however strong underwriting results have been partially offset by a negative return on investments
FBD Insurance said it expects to record profit before tax of at least €70 million when its results are published next month.
The figure is significantly ahead of market expectations, the firm said, however strong underwriting results have been partially offset by a negative return on investments.
In a trading update, the insurance company said it had benefited from low injury claims frequency, benign ...
