FBD Holdings plc Provides Earnings Guidance for the Year Ended 31 December 2019
February 06, 2020 at 07:41 am EST
FBD Holdings plc provided earnings guidance for the year ended 31 December 2019. For the year, profitability is expected to be significantly ahead of market expectations. Trading was ahead of expectations as a result of a combination of factors including: strong positive prior year reserve development; exceptionally benign weather throughout the year; and better than expected investment returns.