Insurance
Shares in FBD Insurance rise after it approves €36m special dividend for shareholders
The Irish-owned insurer announced pre-tax profits of €37 million for the first half of the year as its cost of paying insurance claims fell sharply.
Shares in FBD have risen almost 2 per cent in early trading after the company announced a strong set of half year results and said it will return almost €36 million to investors through a special dividend.
On Friday, the Irish-owned insurer reported a 47 per cent increase in underwriting profits from its core insurance business in the first half of the year to just under €37 million thanks to a sharp fall in the ...
