Overview
- Pre‑tax profit rose 16% to £957.9m on the year as group turnover edged to £5.9bn, with customer numbers up 7%.
- UK Motor surpassed £1bn of profit, while other UK personal lines, Admiral Money and European Motor together generated nearly £100m, including strong growth in France and a rapid recovery in Italy.
- Admiral Money expanded gross loan balances 24% to £1.46bn and contributed £26m to group profit, double its 2024 contribution.
- The portfolio was reshaped with the sale of US unit Elephant to JC Flowers finalised last month, the £80m purchase of London-based digital fleet insurer Flock, and the completed integration of More Than.
- Investment in data and technology accelerated through a new GenAI Centre of Excellence to scale pilots, and a planned CFO transition will see Rachel Lewis become group CFO on July 1, 2026.