FBD pre-tax profits soar over 150% as expenses drop

Overall average premiums increased by 3.4% compared to the same period last year, comprising a 2.5% increase relating to increased liability and property coverage

FBD's total insurance service expenses fell 26.6% from just under €257m in the first half of 2025 to €188.55m to the end of June. File picture

Insurance company FBD Holdings pre-tax profits surged nearly 153% during the first six months of the year as insurance service expenses fell significantly, the company’s latest results show.

In the first six months of the year, FBD generated €253m in insurance revenue, up from the €235m recorded during the same period last year. Its pre-tax profits hit €43m, up from €17m year-on-year.