FBC Reinsurance (FBC Re) has rebounded to profitability for the year ending December 31, 2023, recovering from a loss of $2.6 billion recorded in the previous year’s comparative period. The …
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FBC Surges with Impressive 255% Pre-Tax Profit Leap, Riding High on Strategic Moves
by Kells Dzivaby Kells DzivaFBC Holdings (FBC) witnessed a remarkable 255 percent surge in pre-tax profit for the full fiscal year ending December 2023, reaching $403.5 billion. This robust performance, amidst challenging economic conditions, …