Admiral Group Is Actually Quite Admirable [Seeking Alpha]
ADMIRAL GRP PLC UNSP/ADR (AMIGY)
NASDAQ:AMEX Investor Relations:
admiralgroup.co.uk/node/5.html
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Source: Seeking Alpha
Ceri BreezeIt has been a difficult year for a lot of UK based non-life insurers. High inflation in the sectorâ??s claims supply chains has messed with pricing structures, while vehicle-related claims have climbed steeply since pandemic restrictions lifted. Even worse for the insurers, they canno longer milk loyal policyholders with steadily higher rates now that the UK Financial Conduct Authority has forbidden â??price walkingâ?. This means the appeal of 12-month teaser rates has lessened, making potential customers much harder to win from competitors.On balance, the sector looks like a dog with fleas. However, as Seeking Alpha readers will know, this kind of sentiment is just an invitation to an opportunity to secure good prices for excellent businesses. In this light and following some strong half-year results released back in August, I think personal insurer Admiral Group plc (OTCPK:AMIGFCardiff, Wales-headquartered Property and Casualty insurance group Admiral, generates nearly a
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News
- Board Committee Changes [Yahoo! Finance]Yahoo! Finance
- Admiral Group (LON:ADM) Will Pay A Dividend Of £0.52 [Yahoo! Finance]Yahoo! Finance
- Admiral Group (LON:ADM) Will Pay A Dividend Of £0.52 [Yahoo! Finance]Yahoo! Finance
- Analysts' Revenue Estimates For Admiral Group plc (LON:ADM) Are Surging Higher [Yahoo! Finance]Yahoo! Finance
- Director/PDMR Shareholding [Yahoo! Finance]Yahoo! Finance