FBD reports strong first-half performance

FBD Holdings has announced continued profit growth for the period ended 30 June 2003, powered by strong sales figures and what the company termed "substantial savings" in pre-2003 injury claims.

A fall in accident frequency this year also had a positive effect, resulting in a turnaround in the underwriting result from a loss of €4.3m in the first half of 2002 to a profit of €32.2m in 2003.