FBD expects solid results for 2010

GENERAL insurer FBD says barring unforeseen circumstances 2010 will deliver solid results.

Unless it is hit by exceptional claims for the rest of the year, it is confident of delivering full-year 2010 operating earnings per share of 105-110 cent a share.

The group expects to deliver operating profits in both its underwriting and non-underwriting businesses in 2010, it said in a trading update yesterday.