Admiral Group has posted a 23% increase in full-year pre-tax profit to £147.3m compared with £119.5m a year earlier.
The company said its online price comparison unit, Confused.com, contributed £23m to pre-tax profit.
The company reported full-year net revenue of £311m compared with £263.1m a year ago.
It added that 2006 was a challenging, but productive year and that it expected to launch a direct operation in Germany in late 2007, saying that it was a good internet market.
