FBD set to lower insurance premiums

INSURER FBD plans more insurance premium price cuts after reporting a 27.7% increase in pre-tax profits to €135 million.

FBD set to lower insurance premiums
Thu, 10 Mar, 2005 - 00:00
Conor Keane, Business Correspondent

The company said a 5.7% drop in turnover to €47.18 million resulted from cutting premium charges even as business increased.

FBD chief executive Philip Fitzsimons said that 2004 was another excellent year for FBD shareholders and customers, with operating profit above last year's level.

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