Admiral enters ECJ debate

Henry Engelhardt Admiral

Speaking after the insurer's results which saw a 23% increase in group profit to £266m (2009: £216m) Mr Engelhardt told Insurance Age: "You cannot bring [premiums for] young men down very much, that is the insurance version of hara-kiri. The minute you move young men down you are mis-pricing them and the minute you get more of them you are just asking for trouble."

In its results for the year ended 31 December 2010 Admiral saw a 32% growth in vehicle count in the UK to 2.5 million vehicles. Its

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: