Admiral on track to meet profit estimates

Henry Engelhardt Admiral

Despite this Admiral said its financial position was strong and that performance to date put it on track to at least meet analysts' consensus profit estimates for 2011.

The interim management statement also showed that group vehicle count had increased 33% to 2.9 million.

Henry Engelhardt, chief executive, said: "I'm pleased to report that our business has continued to grow and prosper in the last three months.

"Admiral's UK car insurance business had another great quarter and has continued to

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