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.

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.

Already a subscriber? Sign in

You have reached your article limit.

Unlimited access. Half the price.

Annual €130 €65

Best value

Monthly €12€6 / month

More in this section

The Business Hub

Newsletter

News and analysis on business, money and jobs from Munster and beyond by our expert team of business writers.

Cookie Policy Privacy Policy Brand Safety FAQ Help Contact Us Terms and Conditions

© Examiner Echo Group Limited