In March, I wrote a column questioning why FBD had been so coy about its status with reinsurers over business interruption claims as a result of the pandemic. The indigenous-owned insurer had just lost a mammoth test case in the High Court over disputed policies with publicans, yet, as it revealed its results for 2020, it provided scant information about its reinsurance policy. In particular, it failed to state whether the reinsurers had formally confirmed that it was actually reinsured all, or just how much the policy was for. I returned to the topic in May following the publication of…

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