FTSE 100 insurance giant Admiral sells US business Elephant insurance Admiral, the FTSE 100 financial services giant and one of the largest motor insurers in the UK, has agreed to sell its US business, Elephant Insurance, to J.C. Flowers & Co. Founded in 2001 and based in New York City, J.C. Flowers & Co. is run by billionaire J. Christopher Flowers, a former partner at [...]
FTSE 100 giant Admiral announces bumper special dividend as profit jumps insurance FTSE 100 insurance giant Admiral has reported a significant jump in profit for 2024. Earnings per share nearly doubled to 216.6p, up from 111.2p in the previous year, as pre-tax earnings increased by 90 per cent to £839.2m Turnover rose by 28 per cent to £6.15bn, as insurance revenue grew by 37 per cent to [...]
Admiral shares fly to the top of the FTSE 100 as firm hikes dividend amid profit surge insurance Admiral Group has reported its half-year turnover leaped 43 per cent to £3.2bn, due to a strong performance in insuring UK motors
London insurtech founder: ‘I don’t think there’s anywhere else we could do something like this’ June 25, 2024 London is perfectly positioned to become a world-leading destination for insurtech said the founder of Flock.