Admiral Group plc (ADM) Q2 2026 Earnings Call

Investor webinar replay

Replay transcript excerpt

Good. We're good to go. Right? Yes. So welcome everybody to twenty twenty six, Admiral Group for ADMiral. I'm very glad to be here today to present you another solid, strong set of results characterized by the usual ADMiral features, discipline, strong underwriting performance and real strategic progress. So I will go through the highlight and then as usual, hand over to Rachel for more detail for on our financial performance. This is my first presentation alongside Rachel as our new CFO since Geraint left us recently as a CFO, but I'm very glad that he's still with us working part time. You can see the picture here of our selfie on our results presentation at year end. Rachel has been in the group for twenty years. She's a rare mix of sharp intelligence, real common sense. She has an understanding of the business that is second to none and a strong understanding of our foundational competitive advantage, capital management, risk management and of course our culture. So I'm generally excited to start this new partnership with her. And just before we go into the results, I also want to take the opportunity to thank Diane, our Head of Investor Relations. For the last three years, she's been really crucial in helping us in preparing day like this and much more. I think her life is bringing her in a different place, but we are very thankful for the great support she gave us so far. So now back to Admiral. First half, So we had a strong start of the implementation of the strategy we set out at year end with many progress across different area of the group. Few key message from me to start with, agility and discipline deliver excellent underwriting results in our largest business, U. K. Motor, despite a very competitive market. And at the same time, we kept growing margin ...