FBD Holdings (CDI) (FBH)

Sector:

Insurance

  12.95
   
  • Change Today:
     0.00
  • 52 Week High:  13.7
  • 52 Week Low:  11.0
  • Currency: Euro
  • Shares Issued: 40.77m
  • Volume: 2
  • Market Cap:  527.96m
  • RiskGrade: 79

FBD Holdings makes progress in improving profitability

By Andrew Schonberg

Date: Friday 05 May 2017

LONDON (ShareCast) - (ShareCast News) - Ireland-focused property and casualty insurer FBD Holdings says it continues to make progress in improving profitability, helped by strong underwriting actions and favourable weather year to date.
"We have maintained excellent levels of retention of key customer groups through our strong customer relationships and the level of service we provide," said chairman Michael Berkery.

"The hardening of insurance rates has continued into 2017 albeit at a more moderated level as we maintain our focus on underwriting discipline and profitability," he said.

Berkery said the injury claims environment remained uncertain and FBD welcomed the increased attention and action this was receiving from Government.

He added that FBD believed sustained public policy action was needed to improve the claims environment in Ireland.

2We note the progress to date on the recommendations from the Cost of Insurance Working Group," the chairman said.

"The Group's low risk investment allocation has provided a return largely in line with expectations since the start of the year."

In the year to day, FBD had seen a steady improvement of its key measure, Combined Operating Ratio, towards the target range of mid to high nineties.

At about 10:45 BST, shares in FBD Holdings were unmoved at 8.25p each.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

FBH Market Data

Currency Euro
Share Price   12.95
Change Today   0.00
% Change 0.00 %
52 Week High  13.7
52 Week Low  11.0
Volume 2
Shares Issued 40.77m
Market Cap  527.96m
RiskGrade 79

FBH Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
17.70% above the market average17.70% above the market average17.70% above the market average17.70% above the market average17.70% above the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Price Trend
9.09% above the market average9.09% above the market average9.09% above the market average9.09% above the market average9.09% above the market average
60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average60.00% above the sector average
Income
27.62% above the market average27.62% above the market average27.62% above the market average27.62% above the market average27.62% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
15.56% above the market average15.56% above the market average15.56% above the market average15.56% above the market average15.56% above the market average
40% below the sector average40% below the sector average40% below the sector average40% below the sector average40% below the sector average

What The Brokers Say

Strong Buy 0
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 1
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

FBH Dividends

  Latest Previous
  Final Special
Ex-Div 02-May-24 14-Sep-23
Paid 07-Jun-24 20-Oct-23
Amount 100.00¢ 100.00¢

Trades for 21-May-2024

Time Volume / Share Price
09:15 2 @  13.05

FBH Key Personnel

Chair Liam Herlihy
CFO John O'Grady

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