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Admiral reports record H1 profit as it avoids rival's claim pain

Henry Engelhardt Admiral

Admiral has bucked the trend of motor insurance groups by reporting that it has seen no "unusual trends in bodily injury or damage claims" as it unveiled a record half year profit.

A number of insurers including Equity Red Star and Royal Bank of Scotland Insurance have bolstered their reserves over the summer after highlighting the issue of surges in the value of these claims.

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