StockMarketWire.com - Insurance company Admiral pulled its special dividend but stopped short of scrapping its final dividend, while touting 'significant' liquidity and a 'strong' solvency position.

The company said it had recommended an unchanged normal dividend of 56.3p per ordinary share but suspended a proposed special dividend of 20.7p.

Admiral said it would review its position on the special dividend alongside the release of its half-year results.

'It currently intends to pay this part of the final dividend later in the year unless there is a significant deterioration in the company’s financial position, trading or outlook,' the company said.

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