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Insurance Day

Admiral 1H profit up, dividend up

UK-based motor insurer Admiral has posted a first-half pre-tax gain of £171.8m ($272m) for the first half, up from £160.6m in the same period last year. Turnover rose to £1.17bn from £1.10bn, while the number of vehicles insured rose to 3.5 million from 3.15 million, writes Peter Birks.

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