No sign of insurance costs drop, warns FBD
Company's recovery continues, but chief executives calls for 'urgent reforms' on claims
Insurance group FBD has reported a pre-tax profit of €11.9m for the first half of this year,continuing its recovery from a rocky period during which a series of profit warnings led it to axe its dividend. The company had made a loss of almost €3.7m in the same period last year.
But chief executive Fiona Muldoon warned that insurance customers would continue to pay higher insurance premiums unless there were “urgent reforms” to ...