FBD Hotels chosen as preferred bidder for Grand Hotel in Malahide
Hotel had been put up for sale with an asking price of about €60m
Hotel had been put up for sale with an asking price of about €60m
Bank of England, which meets this Thursday, expected to leave rates on hold
UK insurer returns to hospitality sector following Government reforms designed to reduce the cost burden on businesses
Insurer blames deterioration on weather and volume and inflation of motor damage and property claims
Banks lead Iseq higher as wider European banking sector posts good performance led by French lenders
Irish index of shares edges lower as a decline in banking shares and some key travel stocks weighs on market
Insurer hails ‘solid’ first-quarter trading performance despite impact of storms
Investors betting on pace at which central banks will cut rates
Irish index of shares ended the week up 0.5% with gains in construction and travel
Protector Forsikring’s 2021 emergence on FBD shareholder triggered takeover speculation, quickly denied by Oslo-based firm
Pretax profits jumps 24% to €81.4m after release of some reserves and €19.1m return on investments
World stocks dipped on Wednesday amid a spate of disappointing earnings reports, as investors also await US and euro zone inflation data
In Dublin, the ISEQ All Share index outperformed European peers, gaining 0.94 per cent
Upgraded forecast for full-year results that will be published on March 8th would mark third year of significant outperformance
Euronext Dublin saw a “weaker day” on Wednesday compared to the rest of January, according to Dublin traders
Shareholders earned €2,696 before tax last year
Investors swerve risky bets as they await news on US and EU interest rates
Group reports profits of €39 million for first half of 2023, up from €2.9 million last year
Iseq index recovers 0.6% after Wednesday’s 1.3% decline
CEO defends his company’s profits in a time of soaring costs, and outlines his aim to boost its share of the farm insurance market
Paper losses pushed the sector into a loss at its so-called comprehensive level and reduced capital reserves levels across most top insurers
Business Today: the best news, analysis and comment from The Irish Times business desk
Insurer says capital levels have grown and it remains ‘engaged with stakeholders on the return of excess capital’
Proposed orders deal in detail with various factors affecting the level of losses sustained
Solvency reserves fall as insurers taking a hit on large bond holdings though that will likely reverse as they are held to maturity
FBD may receive ruling that could impact outstanding claims this month
Reforms are in the works, but there are still a number of challenges facing insurers trying to price risk responsibly
Insurer expects to pay outstanding Covid-19 pub business interruption claims this year following High Court ruling on outstanding issues
Banking stocks rise as full-year results come into focus
Insurer said 2022 performance benefited from low claims frequency, benign weather, and positive prior year reserves
Tech start-up's software allows companies measure progress on diversity and inclusion in the workplace
Insurer reported pre-tax profits of €19 million for the first half of this year
Crosswords & puzzles to keep you challenged and entertained
How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
Weddings, Births, Deaths and other family notices