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Updated / Wednesday, 12 May 2021 12:48 FBD said today that the underwriting performance of its business so far this year has been in line with expectations FBD Insurance has said the provision it holds for Covid-19 business interruption claims relating to its pub policies remains at €65m net of reinsurance. In a trading update issued ahead of its AGM today, the company said that a recent supplementary court judgement gave additional clarity on costs and the definition of closure. FBD said the final determination of the remaining aspects of quantum should be determined after a further court hearing in July. In the meantime we will continue to progress our claim with reinsurers. In addition we have engaged with the Financial Services & Pensions Ombudsman (FSPO) on complaints that they are in the process of adjudicating, the company added.

Financial services pensions ombudsmanHigh courtFinancial servicesPensions ombudsmanGross written premiumநிதி சேவைகள் ஓய்வூதியங்கள் ஆஂபட்‌ஸ்மந்உயர் நீதிமன்றம்நிதி சேவைகள்ஓய்வூதியங்கள் ஆஂபட்‌ஸ்மந்மொத்த எழுதப்பட்டது ப்ரீமியம்