Business Today: the best news, analysis and comment from The Irish Times business desk

Drop in claims boosts profit but chief executive warns litigation claims costs still rising

Doherty tells Oireachtas committee industry is citing fraud to justify high premiums

Profit of €31.1m on motor coverage in 2017, but cost of insurance claims remains too high

Insurer’s pretax profit edged up to €50.1 million from €49.7 million in 2017

It also plans to redeem a further €70m

FBD will pay Fairfax about €86m in ‘great result’ for insurer’s shareholders

Allegations against Fiona Muldoon have ‘not been upheld’, but the issue is shrouded in secrecy

In Dublin the two big banks fall and Aryzta’s share price continues its yoyo performance

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Report says CEO has ‘full confidence and support of the chairman and the board’

Costs of State tenancy as ground bones aid space exploration

Canadian financial group has a €70m bond it can convert into shares by March 2019

Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk

Irish insurer reports 70% rise in pretax profits over first six months

Elsewhere, FBD’s H1 results come in middle of an investigation into the firm

Dublin-listed group’s new branch is on Baggot Street

Non-executive directors press for investigation to be completed within weeks

In Dublin, FBD shares tick up despite internal inquiry

Irish insurer’s shares rose by 1.9% on Monday in spite of it emerging over weekend that CEO Fiona Muldoon was under investigation

Insurer says Fiona Muldoon will stay in place pending inquiry into ‘internal allegations’

Insurer has received ‘smaller number of higher-value claims’ than for usual storms

Government needs to follow through on tackling insurance costs

Profit surges to just under €50m as Irish insurer lifted by release of MIBI reserves

Package on a par with Boucher as Francesca McDonagh foregoes pension for higher salary of about €952,000

Deal with Post Insurance part of FBD strategy to rebuild its car cover business

Caveat: Executive paychecks a multiple of average ‘because they are worth it’

Two of telecoms billionaire Xavier Niel’s companies prepare to take 64.5% stake in Eir

Insurer adds Drumcondra branch to its network of 33 sales offices

Fiona Muldoon says new products will address needs of FBD commercial customers

Busy people: Meet 10 of the most powerful Irish listed company directors

Insurer says largest number of claims so far coming from Cork and Tipperary

Business Week: also in the news was Storm Ophelia; Brexit; hotel industry; and Athenry

Insurance Ireland chief says customers won’t be blacklisted for making storm claims

New deal with insurance group includes sponsor stings and cross-station promotions

Some leading companies have set or met gender balance targets. Others, not so much

Insurer’s shares hit two-year high as it posts €11.9m pre-tax profit, up from €3.7m loss

Irish insurer’s annual report shows current CEO Fiona Muldoon paid almost €900,000

Company bosses believe UK move to exit EU will have negative consequences for Ireland

‘Premiums will stay high for as long as the level of court awards are as high as they are’