Insurance Post

Admiral reports motor profit rise as Confused takes hit

Admiral website

Admiral has reported an 8% increase in 2015 group turnover to £2.12bn (2014: £1.97bn) and a UK motor combined ratio of 81% (2014: 83%).

The insurer's group profit before tax rose 6% to £377m from £357m in 2014. The group combined ratio improved to 85.6% from 86.5% the previous year.

Admiral's UK car insurance business reported

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