Admiral Group

Admiral Group is a car insurance provider with operations in the UK, Spain and Italy.

The market cap. is about £2.5 Billion, the PE ratio is 18 and the dividend yield is about 2.5%.

Insurance is not the most exciting of industries but Warren Buffett has proved that there is a lot of money to be made. Admiral's revenue increased a healthy 14% in the last quarter but the PE ratio is rather high and the UK car insurance market is highly competitive.

If I do invest in insurance it will be into Buffett's Berkshire Hathaway company so I will leave this one.