There can be no “sacred cows” as FBD seeks to turn around its financial performance

FBD chief executive Fiona Muldoon has told shareholders office closures cannot be ruled out as the insurer strives to return to profitability. In ans(...)

Mr Garvey is understood to have told the company his decision in recent days

Troubled insurer FBD’s director of sales, Michael Garvey, is leaving the company, it has emerged. Mr Garvey is understood to have told the company his(...)

The Central Bank has concerns about the level of awards made to claimants Photograph: Matt Kavanagh / The Irish Times

Insurers will have to set aside significantly more reserves to cover car-crash, workplace injuries and other claims as compensation payouts surge, acc(...)

A €70 million loan from Prem Watsa’s Fairfax will help troubled insurer FBD meet tough new solvency standards that the EU intends to impose on underw(...)

Fairfax would have paid €93.5 million for the Bank of Ireland shares when it bought into it in 2011

Billionaire Prem Watsa’s Fairfax Financial stands to make up to €255 million from the sale of shares in Bank of Ireland. Fairfax said yesterday it wa(...)

Fairfax Financial plans to sell almost 3 per cent of Bank of Ireland.

Fairfax Financial plans to sell almost 3 per cent of Bank of Ireland according to reports late on Monday.The investment group, founded by billionaire (...)

Fairfax Financial Holdings Ltd, the Canadian property and casualty insurer run by contrarian investor Prem Watsa, said it would buy Brit Plc for about(...)

David Duffy, chief executive of AIB: hopes that the State would have its money back in full within 10 years.

Buyer beware is always a good starting point for retail investors who are considering purchasing shares. Prices can go up as well as down, after all. (...)

 Nick Corcoran (left) and Nigel McDermott of Cardinal Capital in Residence on Stephen’s Green, Dublin 2. Photograph: Clodagh Kilcoyne

The spectacular Gherkin building is the perfect place to look out on London’s financial world, from the City’s investment banks directly below it to M(...)

Bank of Ireland chief executive Richie Boucher has been diagnosed with cancer. Photograph: Dara Mac Dónaill/The Irish Times

Bank of Ireland chief executive Richie Boucher has been diagnosed with cancer. Staff at the bank were informed of his illness after stock markets had (...)