Admiral News – Page 2
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News
Insurance Times Review of the Year – Q4 2023
Insurance Times looks at highlights from Q4 2023 in its review of the year
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RSA completes personal lines exit with sale of UK operations to Admiral
The deal represents the conclusion of a strategic exit from the UK personal lines market
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Toolbox by Admiral launches new PI product for small businesses
’Starting and running your own business can be exciting, but there can also be a level of uncertainty,’ says chief executive
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AA pips Aviva to become fastest growing car insurance brand
It comes after the firm grew its motor policy book by 4%
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Catch up on insurers’ half-year financial results for 2023
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2023. Get the story on insurers’ balance sheets and factors driving the figures here…
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Admiral Group posts small COR rise amid ‘persistent high inflation’
However, the group improved its turnover and insurance revenue despite ’a challenging market’, says chief executive
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Outlook for 2023 positive despite ‘turbulent insurance cycle’ – Admiral
The insurer remains disciplined in its approach and competitive says its chief exec
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Backchat March 2023
Insurance Times shares the best industry anecdotes from the last month, delving into the world of obscure high net worth art. What has the insurance industry been up to of late? You heard it here first…
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Admiral Group’s share price plunges by 7.2% following 2022’s full-year results
The insurer still rewarded its staff with free shares, despite cutting its dividend
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Admiral Group posts COR of 101.7% for 2022
The insurer’s group chief executive says she is ’proud of the agility and adaptability that Admiral demonstrated’ in 2022
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Admiral group chair to step down next month
The outgoing chair says she leaves with a ’mix of pride and fondness for this very special company’
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Former LV= chief executive set to replace retiring chair at Admiral Group
Admiral Group’s chief executive thanked the retiring chair for her support as she welcomed the incoming candidate
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Insurance Times Awards 2022: Excellence in Technology – Property Claims finalists announced
Seven firms are competing for the Excellence in Technology - Property Claims trophy at this year’s Insurance Times Awards
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ABI responds to Merton Council leader comments in wake of Thornton Heath gas explosion
The trade association said it would continue to monitor any developments and reiterated that insurers would continue to do everything they can to assist impacted residents
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Admiral enters pet insurance market
The launch forms a key part of the insurer’s ongoing strategy to diversify its business and respond to consumers’ needs
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News
Catch up on insurers’ half-year financial results for 2022
In July and August, insurers operating in the UKGI market have been publishing their half-year financial results for the first six months of 2022. Get the story on insurers’ balance sheets and factors driving the figures here…
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News
Admiral Group sees COR rise to 96.7% for H1 2022 as inflation squeezes profitability
The insurer is ‘happy’ with its progress during the first half of the year, against the ‘backdrop of a more turbulent cycle than usual’, says chief executive
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Admiral and Direct Line face double-whammy margin hit in 2022 – Bloomberg Intelligence
Regulation implementation and inflation pushing up claims’ costs are among the causes
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‘Lots of uncertainty’ remains over OIC portal – Admiral
Some ramifications of the portal are clear, but more time is needed to fully understand others
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Admiral chooses Nuvalaw and Trust Arbitration to fast track personal injury claims
The new solution can expedite motor claims resolutions from weeks to days and cut costs for insurers
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