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Credit Suisse stays at 'underperform' on Admiral Group, points to inflation and regulations

ShareCast
 2021-06-16

Cover picture for the articleThe Swiss broker estimated Admiral's organic vehicle growth rate at 4.1%, forecasting that it would decline to 1% in 2021 due to its relative pricing differential and more flexible policies elsewhere. Its traditionally lower non-shopper rate of 14.1%, versus rivals on 16.9% also left it more exposed to the upcoming...

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