FBD premiums to rise after €33m losses

INSURANCE premiums will increase this year as FBD posts losses of more than €33 million for 2008, compared to €140m profit reported the previous year.

FBD premiums to rise after €33m losses
Thu, 05 Mar, 2009 - 00:00

FBD paid out close to e7m on claims resulting from bad weather in August.

It said premiums for car and house insurance will rise about 5% to 6% this year.

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