One million new customers help Admiral post record profit

Admiral Group has posted a record £521m profit before tax in the first half of 2025, climbing 69% from £307.6m the same period last year.

This is according to the firm’s latest half-year results, released today (14 August 2025) and covering the six months ending 30 June 2025, which also revealed that overall insurance revenue had grown 18% to £2.47bn.

Much of the increase in profits was driven by a growth in UK insurance customers, with numbers rising by over one million from 8.23 million to 9.3 million between periods – a 13% increase.

After the profits were revealed, the firm announced an interim dividend of £1.15 per share, representing a normal dividend – 65% of post-tax profits – of £0.86 pence per share, and a special dividend of £0.29 per share.

The firm’s post-dividend solvency ratio dropped four percentage points to stand at 194%.

Motor business

Milena Mondini de Focatiis, group chief executive at Admiral, said: “We have delivered another excellent first half with strong execution across all strategic objectives.

“Group profit increased 69% to a record £521m. We have an additional one million customers across our diversified businesses compared to this time last year, due to our focus on offering competitively priced cover and excellent service across our diversified businesses.”

She continued: “Our UK motor business increased its profit by 56% and the UK household and Admiral Money businesses continued to grow, more than doubling their respective profit. In Europe, we saw good progress with growth in France and Italy close to restoring profitability.

“I’m very excited to see our businesses go from strength to strength. I’m confident in our fundamentals and adaptability which mean that we are well-placed for further success, delivering even more value for our shareholders and our growing customer base.”