Admiral Group plc (LON:ADM) will release the preliminary 2007 earnings on March 4.
A holding company for the Admiral Group, Admiral Group plc engages in the selling of administration of private motor insurance and related products. Under a long-term, co-insurance contract, Great Lakes handles 65% of the company’s underwriting, with 35% written by Admiral Insurance Limited and Admiral Insurance Company Limited and 10% given by quota quota share contracts.
The company reported that its total written premium accounted for 80% of its total turnover by the year ended December 31, 2006.
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