Henry Engelhardt is expected to announce an annual dividend of 98.2p a share when the insurer publishes its 2014 financial results on Thursday
Admiral founder and chief executive Henry Engelhardt is set for a £33m payday, according to the Sunday Times.
The charismatic insurance boss is expected to sanction a 98.2p a share dividend when Admiral announces its financial results for 2014 on Thursday.
Engelhardt currently owns 34 million shares in Admiral, and this 12.2% stake is valued at £500m.
Admiral’s profits, however, are expected to have fallen by around £10m to £360m for the year.
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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.
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