Record Turnover and Customer Growth
2024 reported a 28% turnover growth, with a 14% increase in customer base and higher average premiums than 2023.
All-Time High Group Profitability
Group profitability reached GBP 839 million, driven by UK Motor insurance which delivered close to GBP 1 billion in profits.
Successful Technological Advancements
Strengthened capabilities in data and AI with successful completion of relevant technology projects.
Strong Solvency Position
The solvency ratio is over 200%, showcasing strong capital positioning.
Admiral Money Growth
Admiral Money saw a 23% growth in outstanding balances and a 30% increase in profit.
International Success in France and Spain
L'olivier in France and Admiral Seguros in Spain showed robust performance with improved combined ratios.
Turnaround in U.S. Operations
Elephant in the U.S. achieved a profit of $80 million, a significant improvement from last year's $24 million loss.