Personal injury claims boosts Admiral’s pre-tax profit to £126.9 Million

Thursday August 26, 2010 at 10:25am

High volume of personal injury claims increased insurance premiums up by 22 per cent at elephant.co.uk and Diamond insurance company. These two companies are in the Admiral group of insurance companies.

Admiral insurance reported a leap in pre-tax half-year profits of £126.9 million partly due to the increase in car insurance premiums that went up because of the high numbers of personal injury claims.

The total written premiums by the Admiral group was £556 million in Britain.

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The information on this blog is provided as a general guide only. It is not intended to be a complete and authoritative statement of the law and might be out of date by the time you read it. It is not a substitute for professional advice which takes into consideration specific facts of each case and any changes in the law and practice. No responsibility can be accepted by Balinda & Co for any loss suffered by any person acting or refraining from acting on the basis of the information on this blog. We offer free legal advice with respect to personal injury claims. Telephone 0800 321 3287 to discuss your particular claim.