Double-digit profits at Admiral as dividends rise for shareholders Insurance FTSE 100 listed insurer Admiral reported double-digit profit growth over the last financial year, as the group pivots itself toward high-tech commercial insurance. The group profit before tax rose 16 per cent to £958m – up from £827m in 2024 – as its UK motor division surpassed the £1bn profit mark. Its other UK personal [...]
Admiral: Shares surge after FTSE 100 giant’s profit jumps insurance Shares in insurance giant Admiral surged 5.5 per cent in early deals this morning after the group reported a significant jump in earnings for the first half of its financial year, thanks to its UK insurance arm and income from Admiral Money. The group reported a 69 per cent jump in profit before tax from [...]
Admiral and Direct Line shares sink as Labour takes aim at ‘spiralling’ car insurance costs insurance Shares in insurers Admiral and Direct Line slumped on Wednesday after the government unveiled a new taskforce that it said would tackle the "spiralling" cost of motor insurance.
Founder Favourites: Founder of Admiral on how NOT to be a sh*tty boss August 28, 2024 In this episode of Founder Favourites, City A.M. sits down with Henry Engelhardt, the energetic businessman and founder of the UK’s largest specialist car insurer Admiral Group, to find out the secret to being a great boss.
Why bad recruitment strategies could cost your start-up more than a few pay checks June 28, 2024 How do you know when you have made a good hire?
Flock: London insurtech partners with FTSE 100 giant Admiral to expand offering June 25, 2024 Motor fleet insurtech Flock has partnered with industry giant Admiral's venture-building business to expand its product range and appeal to a broader customer base.
Henry Engelhardt on the key to Admiral Group’s growing success May 25, 2024 Henry Engelhardt, founder of the UK's leading motor insurance company Admiral Group shares his key to entrepreneurial success.
Square Mile and Me: Admiral CFO Geraint Jones on heading up the FTSE 100’s only Welsh company March 28, 2024 Geraint Jones, chief financial officer at Admiral Group, takes a trip down memory lane to tell us about his career, from exercise tech to insurance.
Ageas’s interest Direct Line shows just how far the UK’s insurers have come since Covid March 9, 2024 And it is hard to overstate how difficult personal line insurers—by which we mean insurers whose customers are people, as opposed to businesses—like Direct Line, Admiral and Aviva have found business in the post-pandemic era.
Admiral posts 23 per cent jump in profit on price hikes but lowers dividend March 7, 2024 Insurer Admiral has posted a surge in profits as it reaped the benefits of price hikes, offsetting the impact of higher claims inflation.