Admiral Share News (ADM)

LONDON MARKET OPEN: Stocks higher as US recession fears fade

(Alliance News) - Stock prices in London opened largely higher on Wednesday morning, with market mood upbeat after surprisingly resilient economic data for the US on Tuesday helped calm recession fears for the world's largest economy.

UK's FTSE 100 gains as miners strengthen, offsetting services weakness

Hot UK labour market pressures BoE to act again

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European shares rise as U.S. inflation data soothes rate hike jitters

Miners hit 7-week peak tracking metal prices

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LONDON BROKER RATINGS: Citigroup cuts Admiral Group to 'sell'

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

LONDON MARKET OPEN: UK jobs and pay raise expectations of rate hike

(Alliance News) - Stock prices in London opened higher on Tuesday morning after a surprise dip in the UK unemployment rate and pick-up in pay growth helped cement expectations of another interest rate hike by the Bank of England next week.

Citi downgrades Admiral to 'sell', shares slide

(Sharecast News) - Insurer Admiral tanked on Tuesday after Citi downgraded its stance on the shares to 'sell', saying that a 'deep dive' into industry loss ratio trends had suggested that consensus estimates for the group are currently an outlier.

Broker tips: Admiral, BAE Systems, Hipgnosis

(Sharecast News) - Insurer Admiral tanked on Tuesday after Citi downgraded its stance on the shares to 'sell', saying that a 'deep dive' into industry loss ratio trends had suggested that consensus estimates for the group are currently an outlier.

LONDON BRIEFING: Higher call after surprise fall in UK unemployment

(Alliance News) - Stocks in London were set to open higher on Tuesday, after the unemployment rate in the UK unexpectedly declined in the three months to April and pay growth sped up.

Record GBP2.4 billion in UK motor claims paid in first quarter of 2023

(Alliance News) - A record GBP2.4 billion was paid out in motor claims in the first quarter of this year in the UK as firms find surging costs increasingly challenging to absorb, according to the Association of British Insurers.

Insurers vow to use windfall funds to boost UK Plc not dividends

LONDON, June 7 (Reuters) - Insurers in Britain pledged on Wednesday to use an estimated 100 billion pounds ($125 billion), unlocked by the easing of capital requirements, to invest in green energy, infrastructure and community projects - and not to use it to boost dividends.

IN BRIEF: Admiral's UK Insurance CEO Nestares sells shares

Admiral Group PLC - Cardiff-based insurer - Cristina Nestares, chief executive officer of UK Insurance, sells 30,914 shares for GBP23.11 each last week Friday, worth a total of GBP714,422.

UK dividends calendar - next 7 days

LONDON MARKET MIDDAY: Shares weak as Bank of England hikes as expected

(Alliance News) - Stock prices in London were slightly lower on Thursday afternoon, after the Bank of England raised interest rates in the UK by 25 basis points, as expected.

Average price paid for motor insurance up 16% year-on-year - ABI

(Alliance News) - The average price paid for motor insurance jumped by 16% annually in the first quarter of this year, as rising costs have become increasingly challenging for insurers to absorb, according to the Association of British Insurers.

LONDON BROKER RATINGS: Peel Hunt raises Wetherspoon to 'add'

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday: