Ken
research announced its recent publication titled “Insurance Competitor Profile: Admiral Group 2016,”
which offers insights on Admiral Group UK business including its
structure, performance in both the commercial and personal lines markets and
its marketing and distribution strategy. Furthermore it investigates its
strengths and weakness in the market including its sub brands along with it the
challenges and opportunities. This report offers a shrewd analysis of Admiral's
organizational structure and its core business segments including its
advertising strategy offering insights on the group’s strategy and co insurers.
Admiral
Insurance Group provides surplus lines coverage to commercial risks that
generally involve mediocre to high degrees of hazard. This Group, a W. R.
Berkley Company, is a wholesale-dedicated surplus lines commercial insurance
provider. They specialise in underwriting difficult-to-place moderate to
high-risk commercial business seeking creative solutions to novel and unusual
complex risks. Lines of business incorporate Commercial Casualty, Professional
Liability, and Commercial Property.
Admiral
Insurance Company is domiciled in Delaware with managerial workplaces in Mount
Laurel, New Jersey. Admiral Insurance Company is a genuine surplus lines
insurer with wide treaties operating as an authorized carrier in New Jersey and
Delaware. They are an approved surplus lines carrier writing on a non-conceded
premise in all other states plus Canada, Puerto Rico and the U.S. Virgin
Islands.
Capital structure
Their low
risk approach to their business with key use of reinsurance has made it
possible to maintain low levels of capital employed. However in 2014 they found
that favourable capital markets and very reasonable rates of interest produced
the opportunity to strengthen and diversify the capital resources as they make
a prudent transition into Solvency II in 2016, with the attendant regulatory
capital requirement and buffers.
To know more on the coverage, tap on the link underneath:
https://www.kenresearch.com/banking-financial-services-and-insurance/insurance/insurance-competitor-profile-admiral-group-2016/70706-93.html
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Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
query@kenresearch.com
+91-124-4230204