FBD Holdings

Phase 1 of review on differentiated pricing published

  • Sectors : Insurance
  • Companies : FBD Holdings

Ratings and price correct at time of issue.

  • FBD Holdings

    Closing Price: 628c

  • RATING 01/09/17

  • PREVIOUS RATING 29/02/16

    NEUTRAL

DAVY VIEW

While the Central Bank of Ireland (CBI) is indicating that differential pricing may not be banned on an outright basis, quantifiable rationale (risk and cost to serve) is required to follow such a strategy under the consumer protection code. In practice, this is likely to result in an alignment in front and back-book pricing, which may lead to some premium pressure. The ultimate winners will be firms with better underwriting practices and more efficient operations.

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Sep 10 2020, 08:20 IST/BST

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