FBD Holdings - H1 preview

Davy Research
/Read Important Disclosures

Interim results due on August 1st are expected to show a strong performance for the period — both in underwriting and investment return — and at odds with FBD’s underperformance in the sector year-to-date (-4.2%). Our focus will be on the ability to sustain robust underwriting returns, especially given the weakened interest rate environment, while strong organic capital generation will support book growth and dividend potential.