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Admiral’s dividend commands

Benign conditions for motor claims after a quiet lockdown allows Admiral to pay a knock-out dividend
Admiral’s dividend commands
  • Motor claims held in check by homeworking
  • The company was able to release £199m from its claims reserves

A combination of reserve releases, far lower than normal motor claims and higher profits from commissions allowed Admiral (ADM) to pay out a half-year dividend that was bolstered by a hefty special payment. The question is now whether trends will revert to their long-term average after people return to commuting to work in offices.

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