Admiral Group PLC

The Admiral Group is a UK insurance company, that is a member of the FTSE-100

https://admiralgroup.co.uk/investor-relations/

Many brands come under the Admiral name, such as Elephant, Diamond and Confused.com

What is interesting is to see the money under management at Admiral. Clearly this money is what is funded from the insurance premiums it collects.

https://admiralgroup.co.uk/sites/default/files_public/slides/2015/08/2015-interim-results-slides.pdf

£2,450 Million = £2.45 Billion

8% Gilts
23% Cash
11% Cash Deposits
25% Money Market Funds
34% Fixed Invome and Short Dated Debt Securities

Interesting to see no exposure to equities.

http://www.shareshop.hsbc.co.uk/shareshop/security.cgi?csi=103870

And it offers investors a dividend yield of 2.6%

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