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FBD Holdings PLC (FBD.I)

FBD.I on Irish Stock Exchange

25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

FBD reports H1 profit of 11.9 mln eur, says bearish on Brexit
Friday, 4 Aug 2017 02:00am EDT 

Aug 4 (Reuters) - Fbd :FBD reports H1 profit before tax of €11.9m.FBD says underlying improvement in loss ratios from better risk selection and improved price adequacy.FBD H1 gross written premium up 4.9% to €189.7m ; combined operating ratio of 93.1%.FBD says on track to deliver targeted returns on capital; reports strong progress on strategic objectives.CEO tells journalists that Irish claims inflation is moderating, but stabilisation mainly in large awards not injuries board and out-of-court settlements.CEO says is bearish on impact of Brexit on Ireland; says 'difficult to watch' poor progress in negotiations.  Full Article

FBD Holdings names Liam Herlihy as chairman
Friday, 5 May 2017 02:00am EDT 

May 5 (Reuters) - FBD Holdings Plc ::Appointment of Liam Herlihy as chairman with immediate effec.  Full Article

FBD posts FY profit of 11 mln euros before tax
Monday, 27 Feb 2017 02:03am EST 

Fbd Holdings Plc : FY eur 11m profit before tax from continuing operations, including a one-time pension gain of eur 7m . Full year combined operating ratio ("cor") of 99% helped by both our own strong underwriting actions and benign winter weather . Gross written premium of eur 362m, driven by a reduction in broker business, . Improved risk selection and price adequacy driving a lower loss ratio . Well positioned to make further progress during 2017 . Group is now well positioned to begin to deliver sustainable shareholder returns through growth in book value. . Sees Brexit as significant headwind to otherwise strong Irish economic prospects . 2017 group is targeting continued steady improvement of its key measure, cor, in target range of mid to high nineties. . Group's economic capital is within its target range of 110-130% of scr. Further company coverage: [FBD.I] (Reporting By Conor Humphries) ((conor.humphries@thomsonreuters.com;)).  Full Article

BRIEF-FBD Holdings names Liam Herlihy as chairman

* Appointment of Liam Herlihy as chairman with immediate effec Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)