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Aug 6 2021, 07:15 IST/BST
FBD’s underlying business continues to deliver strong results, provides growth in policy numbers and is robustly capitalised. Business Interruption (BI) provision remains relatively unchanged, while an Ombudsman ruling gave rise to a one-off charge in the period. Achieving clarity on BI remains critical to unlocking the surplus capital in the business, with a ruling now due in December. In the meantime, the business continues to produce impressive results.