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Back in February insurer Admiral posted a 43% jump in full-year pre-tax profit and declared a special dividend, saying this reflected record customer numbers, higher UK insurance profits. a positiv.
Admiral, a trading name of EUI Limited, is a car insurance specialist founded in January 1993. Its head offices are in Tŷ Admiral (English: Admiral House), Cardiff, Wales. It also has offices in Swansea, Newport, Halifax (Canada) and India. Admiral is a subsidiary of the Admiral Group along with its sister companies Confused.com and elephant.co.uk
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Meanwhile, Admiral Group (ADML.L) shot up 57p or 5% to £12.11 after Goldman Sachs upgraded the car insurer to ‘conviction buy. Resolution (RSL.L) rose 3p or 1.2% to 267p aftre the insurance company.
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