Insurer Admiral braced for profitability fall

UK car insurer Admiral today warned of higher rates in 2005 as it attempts to ride out expectations of a deterioration in industry profitability.

Insurer Admiral braced for profitability fall
Wed, 12 Jan, 2005 - 09:59

UK car insurer Admiral today warned of higher rates in 2005 as it attempts to ride out expectations of a deterioration in industry profitability.

The group, which includes the brands elephant.co.uk, Diamond and Bell Direct, said it planned for slower policy growth this year but wider margins.

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CourtsBusinessHeathrowPlace: UKPlace: CardiffPlace: SwanseaOrganisation: AdmiralOrganisation: Elephant.co.ukOrganisation: DiamondOrganisation: Bell Direct
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