Insurer FBD premiums jump 8% helped by prices and more business

The insurer expects a decision on the last remaining covid-19 pub business interruption case by mid-June

FBD said its performance over the first two quarters has been in line with its expectations

Insurance company FBD recorded an increase in gross premiums in the year so far, driven by a combination of increased policy numbers, higher average premiums, and a focus on customer retention.

In a trading update, FBD said its performance over the first two quarters has been in line with its expectations, as the firm reported gross written premiums rose 8% ahead of the equivalent period in 2022.