|Bid||1,920.00 x 29100|
|Ask||1,921.00 x 50000|
|Day's range||1,910.00 - 1,922.40|
|52-week range||1,680.00 - 2,184.00|
|PE ratio (TTM)||23.97|
|Forward Dividend & Yield||0.96 (3.91%)|
|1y target est||N/A|
Car insurance premiums in Britain fell by an average of 1.1 percent in the third quarter of 2017, the largest quarterly fall in more than three years, according to the Confused.com car insurance price ...
Britain's Competition and Markets Authority said on Tuesday it was setting "clear ground rules" for how consumer price-comparison websites operate following a year-long review but was opening a formal investigation into only one site, offering home insurance, as a result of the review. Comparethemarket.com said it would be discussing its home insurance service with the CMA but declined to comment further.
British motor insurer Sabre is planning an initial public offering (IPO) that could value it at 600 million pounds ($800 million) after failing to find a buyer, sources with knowledge of the matter said. Sabre's private equity owner BC Partners is looking to list the Dorking-based firm in London in the coming months following an unsuccessful joint approach from U.S. investment firm Centerbridge and Qatar Reinsurance Company, two sources said. The company, which is behind the Insure 2 Drive, Go Girl and Drive Smart brands, is no longer in takeover negotiations and has begun talking to fund managers as it focuses solely on building interest in a stock market listing, the sources said.
You can profit, and with relatively little cash, from the companies who provide us with the goods and services we cannot be without.
Britain plans to alter the interest rate used to calculate how much in compensation should be paid by insurers for personal injuries, the Ministry of Justice said on Thursday, in a move to reduce the size of awards as well as the cost of insurance. Vehicle insurers' profits were dented and insurance premiums have risen since Britain in February unexpectedly cut the so-called Ogden discount rate to -0.75 percent from 2.5 percent previously.
These two shares offer a potent mix of high growth and improving dividend yields which could propel them higher than the FTSE 100 (INDEXFTSE:UKX).
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
Banks wilting on the prospect of slower U.S. rate hikes dented Britain's major share index on Thursday, and Kingfisher also weighed after a weaker quarterly sales performance. The FTSE 100 fell 0.6 percent, ...
Miners and oil stocks led Europe's major share indexes higher on Wednesday on the back of higher metals prices and improved euro zone GDP figures. The pan-European STOXX 600 ended the session 0.7 percent ...
Britain's top share index rose for the third day on the trot on Wednesday, boosted by gains among mining firms, though car insurer Admiral Group plummeted after reporting half-year results. The blue chip ...
Shares (Berlin: DI6.BE - news) in British motor and home insurer Admiral dropped 6.2 percent on Wednesday after it posted a weaker loss ratio in its half-year results. Admiral's loss ratio rose to 87.5 percent on June 30, from 85.9 percent one year earlier, due to changes in the government's personal injury rate, or 'Ogden' rate, and after the firm held back more for claim payouts, the insurer said. "Underlying loss ratio was worse than we anticipated, 2 percentage points worse than last year and 4 percentage points worse than our financial consensus," wrote Thomas Seidl, an analyst at Bernstein, which forecast a loss ratio of 83 percent.
** British motor and home insurer Admiral down 6.5 pct, bottom of STOXX 600 ** H1 profit up 1 pct, dragged down by injury claims costs ** Bernstein says H1 results are a beat for the broker but a low quality ...
Miners and oil stocks helped Europe's major share index make strong gains on Wednesday, as higher metals prices lent a hand and investors awaited euro zone GDP figures expected to confirm the bloc's economic ...
British motor and home insurer Admiral on Wednesday posted a 1 percent rise in profit before tax in the year to June 30 as costs from an increase to the personal injury rate carried into 2017. Admiral pre-tax profits rose to 195 million pounds ($251 million) this June from 193 million pounds last year after the government in February announced a reduction to the so-called 'Ogden' rate, which determines the scale of lump sum payouts, from 2.5 percent to minus 0.75 percent. "Most of the adverse impact from the increase in the costs of large injury claims, resulting from the change in the Ogden discount rate, was captured in our 2016 second half result," said David Stevens, Group Chief Executive Officer.
Britain's leading shares made strong gains on Tuesday, supported by Rolls Royce (LSE: RR.L - news) and oil major BP among a raft of robust results, while a recovery in cigarette makers British American Tobacco and Imperial removed a drag on the benchmark. The FTSE 100 jumped 0.7 percent, starting the month on a firm footing, while mid-caps rose 0.4 percent. Shares (Berlin: DI6.BE - news) in engine maker Rolls Royce rocketed up 10.2 percent, their best day in a year, after a solid first half which saw profits rise more than expected as it delivered a 27 percent increase in large civil aerospace engines.
Shares in Direct Line Insurance Group , Britain's largest motor insurer, jumped to a record high on Tuesday after it reported better than expected first-half profit and raised its interim dividend. Intense ...
The average price of UK motor insurance hit a record high in the second quarter of the year, driven by new rules for personal injury claims and a rise in the insurance premium tax, the Association of British Insurers (ABI) said. "The rapid increase follows the recent government decision to drastically cut the personal injury Discount Rate. Insurance Premium Tax also went up from 10 percent to 12 percent on the 1st June," the ABI said, citing its motor premium tracker.
British motor and home insurer Admiral apologised on Friday after the Financial Conduct Authority (FCA) said the company gave inaccurate information to some customers who renewed polices in the past two months. Under FCA rules which came into force in April, insurers' renewal notices must show the premium customers paid last year. "The FCA has found that Admiral included inaccurate premium amounts in renewal documents issued to some customers by publishing last year’s quoted premium, before discounts were applied, rather than what the customer actually paid," the watchdog said in a statement.
New (KOSDAQ: 160550.KQ - news) rules to determine lump sum payouts for personal injury claims will cost British motor insurers and reinsurers 3.5 billion pounds ($4.5 billion) initially, consulting firm EY estimates. A government review earlier this year led to a cut in the discount rate used to calculate the payments, to minus 0.75 percent from the 2.5 percent in place since 2001, a move which wiped millions off the profits of UK insurers. Admiral's pretax profit fell by 25 percent in 2016 after the car insurer took most of the hit from the rate change in last year's earnings, while Direct Line (Other OTC: DIISD - news) took a one-off hit to earnings.
** Barclays says valuations of domestically focused UK stocks continue to price in a recessionary drop in consumer spending growth and believes their nascent outperformance has further to run ** "Valuations ...