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Mar 7 2025, 07:31 GMT
FBD Holdings
FY 2024 results: continued delivery
- Sectors : Insurance
- Companies : FBD Holdings
DAVY VIEW
2024 again demonstrated success against FBD’s key priorities. This is evident in strong growth in gross written premium and policy numbers and ongoing capital returns. Post Storm Éowyn, both the capital position and guidance on the 2025 combined operating ratio (COR) are better than our initial expectations. The success of its model has resulted in FBD growing its customer base in recent years while also returning attractive levels of capital – equating to almost 40% of yesterday’s market capitalisation since 2022.
