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Admiral

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Motor insurer Admiral profit leaps 26% on pandemic, AI boost

LONDON, March 3 (Reuters) - British motor and home insurer Admiral ADML.L posted a 26% increase in profit in 2021, helped by the impacts of the COVID-19 pandemic and by the use of machine learning in its underwriting, it said on Thursday. Group profit before tax from continuing operations was 769 million pounds ($1.03 billion). Motor and home insur
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Storms Dudley, Eunice, Franklin could cost UK insurers over 400 mln stg-Moody's

Feb 21 (Reuters) - * STORMS DUDLEY, EUNICE AND FRANKLIN COULD COST UK INSURERS MORE THAN £400 MILLION IN CLAIMS-MOODY'S (Reporting By Carolyn Cohn)
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After Wild West start, scooter providers chase scale to survive

By Nick Carey and Carolyn Cohn LONDON, Oct 14 (Reuters) - The era of breakneck growth for electric scooter firms is giving way to more selective expansion focused on profits as they face tougher regulations, more demanding customers and wary insurers. Hurt badly by global coronavirus lockdowns last year, companies offering by-the-minute rental of e
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UK Stocks-Factors to watch on Aug. 11

Aug 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.11%. * PHOENIX: Phoenix PHNX.L posted a sharp 46% rise in first-half operating profit to 527 million pounds after taking over the Standard Life brand. * PROVIDENT FINANCIAL: Provident Financial PFG.L reported a bigger first-half loss compa
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UK Stocks-Factors to watch on August 11

Aug 11 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening higher on Wednesday, with futures FFIc1 up 0.1%. * AVAST: U.S. cybersecurity company NortonLifeLock Inc NLOK.O said on Tuesday it has agreed to buy London-listed rival Avast Plc AVST.L for up to $8.6 billion in cash and shares to create a leader in consumer security software. * BP: T
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