FBD Holdings - Comprehensive report advocates numerous reforms

Davy Research
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The Cost of Insurance Working Group’s comprehensive report on motor insurance recommends numerous reforms for the sector and sets out an action plan for their implementation. It aims for greater stability in pricing while acknowledging the requirement for a financially stable insurance sector. With deadlines for implementing the 71 action points ranging from Q1 2017 to Q4 2018, the proposed reforms are supportive of our existing forecast recovery in FBD’s ROE to 11.2% in FY 2018.