Company
LON:ADM
Admiral Group began in January 1993 with just one brand, zero customers and 57 members of staff. By June 2008, the Group had nine brands, over 1.5 million vehicles insured and 2500 members of staff. Group turnover, comprising total premiums written, gross other income and allocated investment income, rose 14% to £472.5 million (H1 2007: £417.8 million).
199 stories · page 7 of 10
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Week ahead includes UK inflation, unemployment, average earnings data; trading update from Kingflsher PLC, interims from Hargreaves Lansdown PLC, Admiral PLC ...
With an hour and a quarter of trading to go, the UK benchmark index was ahead 58 points at 7,430, just easing back from the afternoon peak of 7,438.90
Motor premium rates will jump by 9% compound over the next three years as claims continue to rise
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Day ahead: BHP Billiton, GlaxoSmithKline, Proactis...
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Week ahead: Huge for blue chip announcements with four high street banks, the UK’s two pharma giants, mining titans Anglo and BHP and restaurant to coffee chain Whitbread just a few of those updating.
Investments and investor services
The shares of Hastings Group, esure and Admiral are now 'fully valued', so says Barclays Capital
The US bank upgraded its stance on Direct line to ‘overweight’ from ‘neutral’, albeit with a reduced target price of 395p, down from 410p
The broker upped Direct Line to ‘buy’ from ‘neutral’ and Royal Sun Alliance to 'neutral' to ‘sell’, and cut Admiral to ‘neutral’ from ‘buy’
Investments and investor services
FTSE 100 stocks closed at a record high on Friday for a second successive session, after making a fresh intraday peak, and a good way for equity investors to end the week
The bank's analysts upgraded their stance on the insurer to ‘overweight’ from ‘neutral’ and raised the target price to 2,100p from 1,900p
The FTSE 100-listed firm said, taking the discount rate change into account, its pre-tax profits dropped by 25% to £284.3mln for the full-year to December 31 2016
Investments and investor services
FTSE 100 shares ended down on Wednesday with sterling nursing a seven-week low despite a lift for construction stocks following the UK Finance Minister’s Budget pledge of a mini Trump boost to infrastructure
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US President Donald Trump's plans to increase defence spending may lend support to G4S while The Restaurant Group's new chief executive has plenty of work ahead after its struggles
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The Chancellor of the Exchequer may have a lower debt burden to deal with than he was expecting at the time of the Autumn Statement but he is unlikely to splurge
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Blue-chips ITV Plc (LON:ITV), Admiral Group Plc (LON:ADM), and Man Group Plc (LON:EMG) are all in the diary with final results on Wednesday.
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Trending: Car insurers dented ; EU to kibosh German takeover of iconic UK organisation; Persimmon blooms; Verona blossoms
Neil Wilson, senior market analyst at ETX Capital said: “Premiums are definitely set to rise to cover this but insurers’ profits are set to be knocked pretty badly too.”
Some of the largest rises and falls in London at 3pm: Tlou Energy, Regency Mines, Starcom
After a review, the Lord Chancellor announced today that the figure used, commonly referred to as the Ogden discount rate, will be cut to -0.75% from +2.5% currently
Investments and investor services
At 3.33pm, the index of blue-chip shares was up just over 14 points at 7,257
