Admiral to raise motor premiums by 10% following Ogden

- Rosie Quigley
- 08 Mar 2017
- Indicative reading time: 1 minute

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Admiral will increase premiums by a further 10% in coming months following a double whammy of the Ogden rate cut and the hike in the Insurance Premium Tax.

The insurer, which saw its pre-tax profits drop fall by 25% in 2016, will be increasing motor premiums by an average of 10%, or £50, in the coming months due to the impact of the lowered discount rate

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