FBD says no certainty Ireland faces increase in severe weather events
Personal finance experts have warned that an increase in extreme weather events will lead to an upward trend in home insurance premiums
Tomás Ó Midheach
FBD sees net hit from Storm Éowyn at €30m
Insurance Ireland had predicted overall claims could reach as much as €200m
FBD eyes another special investor payout after €36m dividend on strong results
Pretax profits jumps 24% to €81.4m after release of some reserves and €19.1m return on investments
Drinks are on FBD for investors as pubs left waiting for full Covid-19 payouts
Joe Brennan: Insurer has no plans to hoard surplus cash
Business interruption claims could now hit €183m, says FBD
Led by Tomás Ó’Midheach, the insurer made a profit of €22m in first half of year
FBD pays average premium rebate of €900 to commercial customers
Insurer’s refunds to businesses closed by Covid-19 restrictions stand at €4m this year
FBD’s motor premiums drop 5% so far in 2021
Insurer welcomes new guidelines reducing awards for personal injuries
FBD’s business interruption charge expected to rise to €70m
Irish insurer had set aside €30m to deal with outcome of test case taken by pub groups
Shares surge at FBD despite multimillion euro court ruling
Stock market reassured that company remains strongly capitalised
FBD promises ‘interim payments’ to pubs after landmark court ruling
Insurer will not appeal decision that has ramifications for 1,100 pubs and restaurants
Permanent TSB faces second senior management vacancy
Director of operations and runner-up in CEO search Shane O’Sullivan is leaving the bank
Notice period may pay off for incoming FBD chief executive
Tomás O’Midheach could arrive just in time to unfreeze cash pile at profitable insurer
Coronavirus the data weighing most heavily on markets
Ryanair, AIB, Bank of Ireland and CRH among the big players to give up ground on Iseq
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