LONDON (Reuters) – Admiral’s (ADML.L) pretax profit fell by 25 percent in 2016 after the car insurer took most of the hit from a change in the discount rate used to calculate. will pay more for the.
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Half-year profits at insurance. car insurance having an income that outstripped costs and claims, ensuring a 9% profits rise in its business. It said this made up for combined losses in its new ove.
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If there’s one person who has been consistently bearish of Admiral, it’s Marcus Barnard, the insurance analyst at Oriel Securities. He’s been telling clients for months that the car insurer is. thi.
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U.K.-based Admiral Insurance has hired 146 new employees at its call centre in Halifax, according to a company statement released today. Admiral, which sells private car and household insurance to mot.
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Admiral Group Plc posted a 7% drop in turnover in the first three months of 2014 despite a 6% increase in customers amid sliding UK car insurance premiums. In a trading statement today, the Cardiff-ba.
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Lorna Connelly, head of claims at Admiral, said: “You never know what could happen to your car which is the whole point of car insurance. “Some of the genuine claims we’ve dealt with verge on being to.