The businesses being sold include Elephant Insurance, a Richmond, Virginia-based provider of car insurance Alberto Schiavon serves as CEO of Elephant Insurance Established in 1993 in the UK, Admiral ...
(RTTNews) - Admiral Group plc has entered into an agreement to sell its U.S. motor insurance business, including Elephant Insurance Company and Elephant Insurance Services, to J.C. Flowers & Co. for ...
JC Flowers & Co has acquired Admiral Group plc’s US motor insurance business. No financial terms were disclosed. The US motor insurance business includes Elephant Insurance Company and Elephant ...
Who are Admiral? Admiral was founded in 1993 as a car insurance provider, expanding into home insurance in 2012 and travel ...
it has sold Elephant Insurance to J.C Flowers & Co ...
Admiral operates a very strong UK motor insurance business. Earnings were hit last year on rising claims frequency and severity. 2022 could mark a bottom, with the motor insurance environment ...
Shares of U.K. motor insurer Admiral Group have been a strong performer since my last update back in 2023, with the ADSs returning north of 60%. As expected, Admiral's underwriting profitability has ...
He will be succeeded in July by Rachel Lewis the current CFO of Admiral's UK insurance business ...
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