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Ireland: Insurer FBD reports rise in gross written premium

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Irish insurer FBD Holdings P.L.C. said its gross premiums written since January have increased by around 3% year on year, The Irish Independent reported.

It said market rates have hardened for business insurance. FBD previously said that claims resulting from bad weather in January and February could cost it about €7.8 million ($10.7 million) net of reinsurance, reports The Irish Independent.

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