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May 16 2025, 07:20 IST/BST
FBD continues to execute its strategy strongly. This is evident via ongoing increases in gross written premium (GWP) across its business lines and cash returns via ordinary and special dividends. This has been achieved while maintaining a robust capital position – as evidenced by its current Solvency Capital Ratio (SCR) post January’s adverse weather events. We increase forecasts for 2025 and 2026 and raise our price target to €15.60 (from €14.90), retaining our ‘Outperform’ rating.
May 16 2025, 07:20 IST/BST