Admiral sees intermediated business jump 41%
Insurance group Admiral Group today announced a record annual result with a profit of £147.3m for the year to December 2006, an increase of 23% over the previous year. Group turnover, comprising total premiums written, gross other income and investment income, rose 11% to £708.2m.
Admiral added revenue from products and services not underwritten by the group were up 41% at £131.6m (2005: £93.4m) and year-end vehicle count up 13% to 1.3m from 1.1m at 31 December 2005.
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