FBD, ICG and Uniphar under fire over executive pay
Advisory firms to big corporate companies critical of top-level remuneration ahead of agms
Publican claims FBD gave assurances policy covered Covid-19 losses
Managing director of Lemon and Duke pub in Dublin switched insurers to FBD in March
Notice period may pay off for incoming FBD chief executive
Tomás O’Midheach could arrive just in time to unfreeze cash pile at profitable insurer
Coronavirus the data weighing most heavily on markets
Ryanair, AIB, Bank of Ireland and CRH among the big players to give up ground on Iseq
FBD poaches AIB deputy chief executive as insurer sinks into loss
Tomás O’Midheach will join State’s only indigenous general insurer on February 1st
FBD’s €22m Covid-19 standoff with pubs clouds CEO search
Insurer pulls dividend as market awaits outcome of test case over wording of business interruption policies
FBD’s bumper €35m dividend payout may not go ahead
European regulator calls for suspension of all insurance company payouts to investors
Stock markets gain as investors assess coronavirus damage
Markets report: Iseq all-share index closes 4.25% higher, outperforming European peers
Insurer FBD names Paul D’Alton as interim chief executive
Company continuing to seek permanent successor to Fiona Muldoon
AIB’s Robert Mulhall approved to head UK unit
Former head of Irish retail gets go ahead from regulators to succeed Brendan O’Connor
Seen & Heard: 450 Dublin homes sold in pre-fund deal by Glenveagh
Flutter’s losing tax bet, FBD’s harder line on fraud, and McKillen ordered to pay costs
FBD rejects ‘insurance rip-off’ accusations as profits spike
Benign weather, investment returns and release of claims reserves boosted profit
FBD’s eye-popping profit upgrade marred by claims of greed
Reform lobby group says insurance firms are causing ‘untold damage’ to Irish society
Fiona Muldoon to step down as chief executive of FBD
Former regulator had been in charge of the insurer since 2015
Apple’s Irish profits, Kennedy Wilson’s Irish growth, and the future of INM
Business Today: the best news, analysis and comment from The Irish Times business desk
Insurer FBD defends 110% profit jump amid political fire
Drop in claims boosts profit but chief executive warns litigation claims costs still rising
Insurance industry accused of ‘not giving a damn’ about fraud
Doherty tells Oireachtas committee industry is citing fraud to justify high premiums
Irish motor insurance returned to profit in 2017 after €757m of losses
Profit of €31.1m on motor coverage in 2017, but cost of insurance claims remains too high
FBD to double dividend after strong 2018
Insurer’s pretax profit edged up to €50.1 million from €49.7 million in 2017
FBD agrees to purchase and cancel notes worth €70m held by Fairfax
FBD will pay Fairfax about €86m in ‘great result’ for insurer’s shareholders
FBD has questions to answer over investigation into allegations made against its CEO
Allegations against Fiona Muldoon have ‘not been upheld’, but the issue is shrouded in secrecy
Turkish lira’s recovery delights markets
In Dublin the two big banks fall and Aryzta’s share price continues its yoyo performance
Ryanair and mediation, Ulster Bank’s loan sale, and FBD’s Muldoon cleared by inquiry
Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk
FBD chief Fiona Muldoon cleared after inquiry into internal complaint
Report says CEO has ‘full confidence and support of the chairman and the board’
Seen and Heard: A round-up of the stories hitting the headlines
Costs of State tenancy as ground bones aid space exploration
Fairfax hires advisers as it considers offloading potential 19% stake in FBD
Canadian financial group has a €70m bond it can convert into shares by March 2019
Strikes spread at Ryanair, Facebook’s regulatory travails and NTMA worries
Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk
FBD boss says insurance costs unlikely to fall in coming months
Irish insurer reports 70% rise in pretax profits over first six months
This Week: Bank of Ireland earnings expected to take positive turn
Elsewhere, FBD’s H1 results come in middle of an investigation into the firm
FBD hires William Fry to investigate complaint against chief executive
Non-executive directors press for investigation to be completed within weeks
Markets flat as investors await US tariff deadline
In Dublin, FBD shares tick up despite internal inquiry
FBD shares up in spite of allegations against CEO
Irish insurer’s shares rose by 1.9% on Monday in spite of it emerging over weekend that CEO Fiona Muldoon was under investigation
FBD confirms chief executive is subject of investigation
Insurer says Fiona Muldoon will stay in place pending inquiry into ‘internal allegations’
FBD expects €8m hit from Storm Emma
Insurer has received ‘smaller number of higher-value claims’ than for usual storms
Insurance claims still in need of major reform
Government needs to follow through on tackling insurance costs
FBD shares soar as profits rise and dividend payment is resumed
Profit surges to just under €50m as Irish insurer lifted by release of MIBI reserves
Salary of new BOI chief to top Richie Boucher’s
Package on a par with Boucher as Francesca McDonagh foregoes pension for higher salary of about €952,000
FBD to underwrite car insurance offered through An Post unit
Deal with Post Insurance part of FBD strategy to rebuild its car cover business
The L’Oréal defence on executive pay won’t wash with the unions
Caveat: Executive paychecks a multiple of average ‘because they are worth it’
Canada’s answer to Warren Buffett in the money on Irish ‘bailout’
Two of telecoms billionaire Xavier Niel’s companies prepare to take 64.5% stake in Eir
FBD signals expansion into urban market with first Dublin office
Insurer adds Drumcondra branch to its network of 33 sales offices
FBD enters professional indemnity coverage with XL Catlin
Fiona Muldoon says new products will address needs of FBD commercial customers
Fishing from a small gene pool: Irish boards and interlocking directorships
Busy people: Meet 10 of the most powerful Irish listed company directors
Storm Ophelia to cost FBD from €4m to €6m
Insurer says largest number of claims so far coming from Cork and Tipperary
Banks push Central Bank to edge of powers in tracker scandal
Business Week: also in the news was Storm Ophelia; Brexit; hotel industry; and Athenry
‘Too early to say’ if insurance premiums will rise after Ophelia
Insurance Ireland chief says customers won’t be blacklisted for making storm claims
FBD sponsors Marian Finucane show in €200,000 deal
New deal with insurance group includes sponsor stings and cross-station promotions
Little change at the top as Irish boardrooms remain a male affair
Some leading companies have set or met gender balance targets. Others, not so much
‘Canada’s Warren Buffett’ tipped to take 20% stake in FBD
Insurer’s shares hit two-year high as it posts €11.9m pre-tax profit, up from €3.7m loss
FBD paid former CEO €179,000 for consultancy work in 2016
Irish insurer’s annual report shows current CEO Fiona Muldoon paid almost €900,000
Irish chief executives united in view of Brexit as UK strategic error
Company bosses believe UK move to exit EU will have negative consequences for Ireland
FBD chief Fiona Muldoon: driving the insurer into a new age
‘Premiums will stay high for as long as the level of court awards are as high as they are’
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