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Sep 2 2020, 07:00 IST/BST
FBD Holdings
Revisions show solvency strength ahead of BI test case
- Sectors : Insurance
- Companies : FBD Holdings
DAVY VIEW
Our refreshed estimates highlight solvency strength — boosted by a 2020 upgrade — heading into a crucial period for FBD, with its business interruption (BI) liability test case before the High Court in early October. This also follows the outcome of the UK FCA’s BI test case in September, which may prove influential. Our future year forecasts remain relatively unchanged, demonstrating that the core business remains resilient, as reflected by growth initiatives and continuing underwriting strength.
