Irish insurer FBD Holdings PLC’s pre-tax profit declined by 18% year-on-year to €32.3 million ($35 million) in the first half of this due to double-digit inflation in the cost of property as well as motor claims, Business Plus reported. The insurer’s gross written premiums increased by 10% year-on-year to 226.1 million, while insurance revenues grew by over 9% year-on-year to €212.6 million.
