Investors hunting for yield after a global financial rout might well take a detour to the headquarters of a tiny insurance company hidden away along a highway in west Dublin. Just as world markets cratered on August 24, troubled Irish …
FBD Holdings plc may seek to sell as much as 75 million euros ($83 million) of subordinated debt to ensure it meets new solvency rules, Darren McKinley, an analyst at Merrion Capital said. Insurance company FBD may need a capital …
FBD Holdings plc said its plans to meet new solvency rules next year are on track as the Irish insurer struggles to return to profit and Andrew Langford unexpectedly quit as chief executive officer last week. Dublin-based FBD said it’s …
Irish state-owned health insurer Vhi Insurance DAC borrowed money from Warren Buffett’s Berkshire Hathaway Inc. to help avoid a bailout as the company comes under central bank regulation for the first time. Berkshire gave Vhi a 90 million-euro [$97.6 million) …
