Boss of insurer FBD says lessons for Government from Maria Bailey case soon forgotten

The furore around the Maria Bailey ‘swing gate’ case helped the public understand the costs bearing down on the insurance industry — but the Government will too quickly forget the lessons over insurance claims and high legal costs, according to FBD boss Fiona Muldoon.

Ms Muldoon was talking after FBD — one of Ireland largest insurers — said net profit more than doubled to €33.8m in the first six months from a year earlier, even as the overall amount of premiums it had written had fallen back to €189.7m.