‘Light at the end of the tunnel’ on claims inflation says Admiral CEO Stevens
Admiral saw profits rise in 2019 as its UK insurance results were buoyed by positive development in prior year claims costs, reserve releases and commission.
Group pre-tax profit for the year was up at £526.1m compared to £479.3m in 2018. An update earlier this month predicted profit before tax of £510m to £540m for 2019, and revealed its staff would each
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