FBD’s pre-tax profits more than doubled to €38.7m for the first six months of 2019 compared to the same period last year.
The insurer reported a slight decrease in premiums to €190m as a result of increased competition.
FBD said the results reflect solid underlying profitability and disciplined underwriting.
It also said that the exceptionally benign winter resulted in fewer weather-related claims.
The European Commission is currently investigating whether Irish insurers are operating as a cartel.
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