A group of eight young Irish golfers have spent a week in a training camp at the La Cala Resort in Mijas in preparation for this year’s international championships.

FBD generated pre-tax profits of €58.9 million for the six months to end June 2004 and has committed to a €30m loyalty discount to core customers.

FBD Holdings’ car insurance underwriting losses have fallen 54% prompting company chairman Michael Berkery to predict a cut in rates in the medium to short term.