Signs of motor market turn as Admiral boss expects easing claims inflation
Admiral chief executive Milena Mondini de Focatiis is predicting a ‘slowing, decreasing trend’ in motor claims inflation.
Admiral chief executive Milena Mondini de Focatiis is predicting a ‘slowing, decreasing trend’ in motor claims inflation.
Admiral reported a solid set of first-half year results with profit before tax rising 4% to £233.9m (H1 2022: £224.6m).
Market turnThe market reacted well to Admiral’s results, with the share price up 7.2% at one point this morning.
The UK motor market has come off the back of its worst underwriting result in a decade last year, but Admiral said solid performance will
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