
Admiral Group sees turnover slip by 2%

The insurer reported that turnover had fallen to £570m from £582m but added that is was on track meet expectations for 2012.
Year-to-date turnover crept up 3% to £1.7bn from £1.6bn last year while it recorded annualised UK car insurance vehicle growth of 3%.
The results led chief executive Henry Engelhardt to assess that "little has changed since the half year".
He added: "The UK car insurance market is cyclical and we are in the softer part of the cycle with premium rates coming down.
"We
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Insurer
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Blog: Professional indemnity - Was 2020 the eye of the storm?
- PIB sold to Apax funds
- FCA orders insurers to pay claims swiftly following Supreme Court ruling
- Aviva confirms office closures amid restructure
- Aviva’s Patrick Tiernan moves to Lloyd’s
- GRP-owned Premier Choice Healthcare makes first deal
- Blog: The broker fallout from the Supreme Court BI ruling