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May 8 2025, 08:01 IST/BST
This is a positive update from FBD, with a continuation in growth across all its channels of business again demonstrating the strength of the business model. Underlying underwriting profitability (excluding weather) is in line with expectations and the capital position remains very robust and likely in line with FY 2024 (197%). We are likely to modestly adjust our forecasts following today’s update.
May 8 2025, 08:01 IST/BST