Admiral Group plc achieved a profit before tax of £958m in 2025, up by 16% on the previous year. Its group combined ratio was 80.1% for the year having deteriorated by 3.2 percentage points on the 76.9% achieved in 2024.

Admiral’s UK motor business had a turnover of £4.2bn in 2025, down by 7% on the previous year. The carrier said this fall was due to reduced premium levels. It said the softening market also impacted its combined operating ratio in UK motor which increased by 5.8 percentage points to 80.5%.

Admiral’s profits before tax across its household, travel and pet business jumped from £22m to £62m with a combined operating ratio of 84%, up from 77.4% the previous year.

Milena Mondini de Focatiis, group chief executive officer at Admiral said: “2025 was an exceptional year for Admiral, reflecting the strength of our business model, our discipline and the quality of execution across the Group. We reported record profits, continued to grow our customer base and diversify our business, while maintaining momentum in how we invest and innovate.”

He added: “We completed the integration of More Than, continued to enhance our product range and increased our investment in technology, data and artificial intelligence. We have established a GenAI centre of excellence to move from experimentation to scale, with early pilots showing encouraging signs of improved efficiency and enhanced customer outcomes.

“In early 2026, we announced plans to acquire Flock, a fast growing, telemetry based digital fleet insurer. This reflects our intention to expand into attractive markets, where our data led approach and risk expertise can also support better safety and customer outcomes.”