Published by Global Banking & Finance Review®
Posted on August 14, 2025
1 min readLast updated: January 22, 2026
Add as preferred source on GoogleAdmiral Group's half-year profits surged 67% due to strong UK motor insurance performance, reaching 516.1 million pounds, surpassing last year's 309.8 million.
(Reuters) -British insurer Admiral Group reported a 67% jump in half-year pretax profit on Thursday, underpinned by competitive pricing and strong performance in its core UK motor insurance arm.
The company, which sold its U.S. motor insurance business in April, logged 516.1 million pounds ($700.81 million) of group pretax profit for the six-month period ended June 30, above the 309.8 million pounds reported last year.
($1 = 0.7364 pounds)
(Reporting by Yamini Kalia in Bengaluru; Editing by Sherry Jacob-Phillips)
Admiral Group reported a pretax profit of 516.1 million pounds ($700.81 million) for the six-month period ended June 30.
The 67% increase in profit was underpinned by competitive pricing and strong performance in its core UK motor insurance arm.
Admiral sold its U.S. motor insurance business in April.
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