The Admiral Group Board has declared an interim dividend of 115.0 pence per share (2024 interim: 71.0 pence per share) representing a normal dividend (65% of post-tax profits) of 85.9 pence per share and a special dividend of 29.1 pence per share. The interim dividend will be paid on 3 October 2025. The ex-dividend date is 4 September 2025, and the record date is 5 September 2025.
Other financial highlights include:
- Group continuing operations pre-tax profit was £521.0 million, 69% higher than the first half of 2024 driven by the strong performance in UK Insurance, particularly UK Motor, as strong 2024 underwriting year profitability earns through
- Group customer numbers increased by 10% to 11.4 million – good growth in UK Insurance (including 5% and 19% Motor and Household); though a small reduction in Europe (-3%) due to portfolio actions in Italy
- Group turnover was flat H1 on H1, as good growth in Household Insurance (29%) was offset by reduced UK Motor turnover (-6%) as average premiums reduced
- UK Motor Insurance profit increased strongly by 56% to £559 million from £359 million with higher insurance revenue and a notably improved insurance service margin
- Higher pre-tax profit in UK Household Insurance of £25.2 million (H1 2024: £11.3 million), with growth in both customers and turnover, and a continued strong combined ratio
- A modestly improved result in European Insurance (£-0.6 million v £-1.3 million), with continued profits in L’olivier and a reduced loss in Italy as good progress is made in restoring underwriting profitability
- Strong growth in Admiral Money profit to £16.3 million (H1 2024: £6.8 million) and gross loan balances (25% year-on-year growth), with a sale of a portion of the back book loan portfolio completed and new forward flow arrangements contributing to the higher pre-tax profits.
