FBD profits fall on storm claims

A branch office of FBD Insurance in Dublin.  FBD said heavy snowfall in January and Storm Éowyn led to a significant surge in claims.

FBD reported a profit before tax of €17m for the first half of the year as insurance revenue rose by 11% to €235m.

However, this profit is a decrease from €32.3m in the first half of 2024, largely due to the increased claims from the weather aevents.