Admiral Group PLC (ADML.L)
18 Dec 2014
|Market Cap (Mil.):||£3,528.21|
|Shares Outstanding (Mil.):||278.69|
(The following statement was released by the rating agency) LONDON, December 09 (Fitch) Fitch Ratings has affirmed the Insurer Financial Strength (IFS) ratings of Admiral Insurance (Gibraltar) Limited and UK-based Admiral Insurance Company Limited, the two main operating entities of Admiral Group plc (Admiral), at 'A+'. Fitch has also affirmed Admiral's Issuer Default Rating (IDR) at 'A-' and its subordinated notes at 'BBB-'. The Outlook on the IFS rating and IDR is Stable. KEY RATING DRIVE
* No firm evidence of return to premium growth (Adds quotes, details, share reaction)
* Announces appointment of geraint jones as group chief financial officer (cfo) and executive director of admiral group plc with effect from 13 august 2014
LONDON, Aug 13 - British motor insurer Admiral Group Plc named Geraint Jones its new chief financial officer, saying Kevin Chidwick gave up the role to focus on his position as CEO of the company's Elephant Auto Insurance business in the United States.
* Admiral Group Plc announces successful inaugural bond offering
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* Shares down 5.5 pct, lead FTSE 100 fallers (Adds analyst quote, share reaction)
LONDON, July 9 - UK car insurer Admiral Group said revenues fell in the first half of the year and there was no firm evidence of a return to growth in UK car insurance premiums.
(The following statement was released by the rating agency) LONDON, July 09 (Fitch) Fitch Ratings has assigned Admiral Group plc's (Admiral) proposed issue of subordinated debt securities an expected rating of 'BBB-(EXP)'. The final rating is contingent on the receipt of final documents conforming to information already received. Concurrently, Fitch has assigned Admiral Group plc an Issuer Default Rating (IDR) of 'A-'. Fitch has also assigned Admiral Insurance (Gibraltar) Limited and UK-bas