Admiral has reported a profit before tax of £68.7m for the six months to June 2006, an increase of 24% over the same period in 2005.
Admiral said its combined ratio was 87% (H1 2005: 86.5%). It also reported that confused.com, its automated car insurance shopper contributed a gross profit of £8.7m (H1 2005: £2.3m).
Henry Engelhardt, chief executive, said: "As was the case last year, we did this in an environment of declining market profitability. Despite difficult industry conditions, our business continues to grow and grow profitably."
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The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
