Irish insurer FBD reports a 9% increase in Q1 2024 GWP despite storm impacts, and welcomes Supreme Court decision on personal injury awards.
Irish insurer FBD reports a "solid" trading performance in Q1 2024, despite the impact of storms like Storm Isha. FBD's gross written premium (GWP) has increased by approximately 9% compared to the same period in 2023. The company has welcomed the recent Supreme Court decision upholding the legality of guidelines to reduce personal injury awards, providing certainty and aligning with FBD's assumptions about the new regime.
May 09, 2024
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