Britain's Most Admired Companies 2013: Life assurance and insurance

St Jude's storm in October means the UK's insurance business is as busy as ever.

by
Last Updated: 29 Sep 2014

Wealth management-cum-life insurance outfit St James's Place comes out on top again this year and it's easy to see why - it managed to attract £1bn in funds in just three months, bringing the total under management to almost £42bn. More than enough to give Lloyds a dilemma over whether to continue selling its shares in the company. In second place, the Pru is going great guns once again, reporting a 22% increase in operating profit in August, thanks largely to growth in its Asian markets. Henry Engelhardt's Admiral Group slips one place to third, while L&G, one of the City's largest fund managers, is standing up for female directors. It has threatened to vote against the chairmen of boards without any women on them.

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