admiral — GB news

“I’m passionate about empowering my team and fostering a culture of openness and continuous learning to ensure we’re delivering impactful results,” said Glen Ward, who has recently been appointed as the group chief financial officer at Markerstudy.

Ward brings a wealth of experience to his new position, having previously served as the group finance director at Admiral. His transition comes at a time when Admiral is experiencing significant growth, with a reported pre-tax profit of £958 million for the full year of 2025, marking a 16% increase year on year.

In addition to Ward’s career developments, Janet Grosvenor has made history as the first female Admiral of the Royal Ocean Racing Club (RORC), a position she has held since 2025. Grosvenor’s leadership is set to be celebrated as she will be the guest of honour at The International Paint Poole Regatta, scheduled from May 23 to May 25, 2026.

“It is fitting for a living RORC legend to take a key role in celebrating the achievements of the weekend,” commented an unnamed source regarding Grosvenor’s upcoming honor.

Admiral, the insurance company, currently boasts a dividend yield of 5.3% and a share price of £32.91. Despite a recent 11% decrease from its one-year high of £36.85, analysts consider Admiral shares to be 47% undervalued at their current price.

Forecasts suggest that Admiral’s earnings are expected to grow by 5% annually until the end of 2028, with a projected dividend yield of 7% by that time. The company’s motor insurance profit has also risen by 7%, further indicating a positive trajectory.

Ward expressed enthusiasm about joining Markerstudy, stating, “Markerstudy is a business that I’ve admired and I’m excited to be joining the team at this time to help continue the group’s impressive growth trajectory.”

As the financial landscape evolves, both Ward and Grosvenor are poised to influence their respective organizations significantly. With their leadership, Admiral and RORC are expected to navigate the challenges and opportunities ahead effectively.

Details remain unconfirmed regarding any immediate changes in strategy or operations at Markerstudy following Ward’s appointment.

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