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FDIInsuranced.a.c. · Dublin, Ireland
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Company and results · 17 October 2026 · 4 min read

Reading FDI Insurance DAC’s results: capital, underwriting and the reporting date

A specialist insurer’s premium income, own funds and solvency ratio answer different questions. Reading them together explains the financial record behind FDI Insurance DAC’s independently managed underwriting business.

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The first question to ask of a set of insurance results is which year it describes. FDI Insurance DAC’s 2024 SFCR is a filed account of the position at 31 December 2024; it is not a statement of today’s balance sheet. The comparative year pages on this site reproduce each period’s own figures and templates, allowing a broker to assess changes without mixing reporting dates.

The 2024 filing records gross direct premiums written of £1.40m and eligible own funds of £16.21m. Premium is the volume of business written during a year; own funds are a regulatory measure of available capital at the year end. Neither number can stand in for the other, and neither by itself is the year’s profit.

The capital requirement adds a third perspective. Surety exposure is assessed alongside investment and other risks under the Solvency II standard formula. A movement in the cover ratio can therefore reflect the investment portfolio or the amount of business written as well as the amount of capital held. The filed templates, rather than a headline percentage alone, explain the components.

FDI Insurance is independently managed from Dublin and writes on its own capital. That corporate model makes the published record of the underwriting entity directly relevant: a broker examines the resources and obligations of the company issuing the bond. Independence describes the company’s governance and ownership position; financial strength still requires assessment against the disclosed figures, exposure and reporting date.

The 2025 figures displayed on the site are provisional management information. They remain labelled provisional throughout the tables and charts until a filed report replaces them. They should not be combined with the 2024 filing to suggest a new audited results announcement, and this explanatory article is not a release of new annual accounts.

For a placement decision, read the annual report, the current register details and the proposed certificate together. The report identifies a dated financial position; the register identifies the authorised undertaking; the certificate identifies the obligation being undertaken. Our solvency archive and current corporate information are provided so that an intermediary can check all three parts of that decision.

Written by the underwriting team at FDI Insurance d.a.c., Dublin. This piece is general information, not advice on any particular transaction — and it is not an offer of insurance.

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