Admiral, one of the United Kingdom’s largest motor insurers, has allocated £50 million to compensate customers who received unfair settlements for stolen or written-off vehicles. In half-year financial results released
Admiral (LON:ADM) shares jumped as it reported soaring profits
Admiral Group PLC reported a significant increase in profits for the first half of the year, driven by a rise in customer numbers.
Federal Reserve Chair Jerome Powell comments and Admiral are dragging down the markets
The FTSE 100 index experienced a decline, with Admiral leading the fall due to the motor insurer reducing its full-year dividend.