Admiral
Admiral delivers "disappointing" results despite hike in profits
Admiral has delivered a 13% increase in profits to £299m in 2011, a result its chief executive described as disappointing.
Admiral ponders creation of law firm
Admiral is considering setting up its own personal injury law firm in light of the developments to legal firms’ ownership under the alternative business structure changes.
Admiral issues profit warning over PI claims
Admiral warned that personal injury claims continue to impact the business’ profits as it announced its third quarter results.
Pressure group hits back at ABI compensation culture claim
The Access to Justice Action Group (Ajag) has slammed the Association of British Insurers’ (ABI) call for reform of Britain’s compensation culture laws.
Admiral's Engelhardt on Jack Straw and Confused.com
Henry Engelhardt, chief executive officer of Admiral, has welcomed Jack Straw’s intervention on referral fees but with certain crucial caveats.
Bodily injury claims starting to impact, admits Admiral’s Engelhardt
Chief executive officer at Admiral, Henry Engelhardt, has revealed that bodily injury claims have started to noticeably affect the insurer in the past year.
Admiral sees profit boost beyond analyst expectation
Admiral’s half year results for 2011 have revealed a 27% boost in pre-tax profit ahead of H1 2010 to £160.6m with turnover jumping 53% to £1.1bn.
Analysts predict a profit surge for Admiral
Admiral is expected to report an increase in revenue and pre-tax profits when it posts half year results on Wednesday, according to reports.
Admiral to keep referral fees
Chief executive officer of Admiral, Henry Engelhardt has defended the insurer’s stance on referral fees stating “We're not doing anything that I would not tell my mother about.”
Admiral on track to meet profit estimates
Admiral Group’s group turnover for Q1 2011 has increased by 56% to £539m but Confused.com’s turnover remained flat with the insurer citing continued pressure on margins.
Engelhardt voices support for Lyons
Henry Engelhardt, chief executive of Admiral, has praised the appointment of Alastair Lyons at Towergate describing him as a "very strong" individual.
Lyons in circus master role at Towergate
Towergate’s competitors will not see the “slightest” difference in its strategy following the appointment of Alastair Lyons as non-executive chairman.
Towergate appoints Alastair Lyons as non-executive chairman
Towergate has announced the appointment of Alastair Lyons CBE as non-executive chairman with Peter Cullum CBE, the current executive chairman, taking on the role of non-executive deputy chairman.
Admiral enters ECJ debate
Henry Engelhardt, chief executive officer at Admiral, has predicted an increase in rates for younger women following the ruling by the European Court of Justice describing a lowering of rates for men as insurance hara-kiri.
Profile - Henry Engelhardt: Admiral of the fleet
Henry Engelhardt was at the bow when the Admiral ship first set sail and he led the company onto the stock exchange when it floated in 2004. Emmanuel Kenning talks to the CEO about claims, pricing and the source of great market envy - the provider's COR.
Admiral confirms plans to move into household arena
Chief executive of Admiral, Henry Engelhardt, has confirmed that the insurer is planning to move into household insurance.
Redundancies confirmed at Confused.com
Confused.com has made a series of redundancies, hitting its PR team, Insurance Age understands.
Car insurance study champions niche players
In Which’s latest study of motor insurance for the over 50s, NFU Mutual and 50 plus Insurance Services came out on top while household brands such as Aviva and Axa failed to gain recommended status.
Focus - Management Structures: Building a board
Without a great team in the boardroom, any broker, regardless of size, is missing a trick that can pay long-term dividends for their business, writes David Waller.
News review: August
Axa Insurance customer experience director, Paul Meehan, expressed interest in filling the senior management vacancy in the company's commercial division.
Data hub launch discloses new pricing detail to non-direct market
Coversure and Fortis are among those that have committed to using a new data hub that aims to allow brokers to compete on a level playing field with direct writers.
Motor insurers' excuses for poor results rejected
Insurer claims that increases in bodily injury costs are to blame for poor performance in the private motor market may be misleading, according to industry experts.
Fall in profits and revenue at Confused.com
Price comparison website Confused has announced a 10% fall in revenue and 20% decline in profit during the first six months of the year.
Admiral's H1 2010 profit grows to £126.9m
Admiral's group profit before tax has soared to £126.9m for H1 2010, a 21% increase on the same period last year (H1 2009: £105.3m).