Car insurers set to return to profit following record losses Transport and infrastructure A report from accountancy giant EY estimates car insurers paid out 93p in claims and expenses for every £1 made in premiums in 2024.
Admiral and Direct Line shares sink as Labour takes aim at ‘spiralling’ car insurance costs insurance Shares in insurers Admiral and Direct Line slumped on Wednesday after the government unveiled a new taskforce that it said would tackle the "spiralling" cost of motor insurance.
Car insurance prices may be coming back down to earth, data shows Business Results from the UK's major insurers have signalled car insurance costs are beginning to come down, after reaching record levels last year.
Flock: London insurtech partners with FTSE 100 giant Admiral to expand offering June 25, 2024 Motor fleet insurtech Flock has partnered with industry giant Admiral's venture-building business to expand its product range and appeal to a broader customer base.
Square Mile and Me: Admiral CFO Geraint Jones on heading up the FTSE 100’s only Welsh company March 28, 2024 Geraint Jones, chief financial officer at Admiral Group, takes a trip down memory lane to tell us about his career, from exercise tech to insurance.
Ageas’s interest Direct Line shows just how far the UK’s insurers have come since Covid March 9, 2024 And it is hard to overstate how difficult personal line insurers—by which we mean insurers whose customers are people, as opposed to businesses—like Direct Line, Admiral and Aviva have found business in the post-pandemic era.
Admiral posts 23 per cent jump in profit on price hikes but lowers dividend March 7, 2024 Insurer Admiral has posted a surge in profits as it reaped the benefits of price hikes, offsetting the impact of higher claims inflation.