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Admiral slows rate of growth as Q3 turnover takes a slight dip

Henry Engelhardt

Admiral released its interim management statement this morning covering the past four months in which third-quarter figures showed a 5% reduction in UK car insurance turnover.

The reduction to £502m from £527m at the same period last year represents chief executive Henry Engelhardt's ploy to slow the firm's rate of growth during what he describes as "the softer part of the

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