Company Profile

FBD's core business is insurance underwriting. With gross premiums of €353m, it is the third-largest non-life insurer in Ireland with an 12.4% market share. The business is predominantly rural-focused with strong brand loyalty. It controls c.80% of the farm insurance market and farm business accounts for circa 48% of total premiums. Urban markets, on-line offerings and the broker channel are growing segments. The non-underwriting businesses contribute 10% of group operating earnings. FBD offers independent financial advice to both retail and corporate customers. Its JV hotel/leisure operations have exposures to properties in Ireland and Spain.