Admiral refunds insurance customers

Admiral has said that it will give back £110m (m) to its car and van insurance customers in recognition of the fact that people are staying at home and driving less during the UK coronavirus lockdown. Social distance and empty spaces: UK life under lockdown (Photos) Following the rapid spread of coronavirus (COVID-19) throughout the world in 2020, the U.K. has been responding by implementing increasingly stringent measures over the last few weeks. Three days after ordering schools across the country to close indefinitely, Prime Minister Boris Johnson announced strict social distancing measures on March 23, which were extended a furtherthree weeks on April 16. These include a total ban on public gatherings of more than two people, the prohibition of travel other than for essential work and medical reasons, and that peopleare notto leave their homes other than to carry out one form of exercise daily. People sit on their doorsteps in Islington as the spread of coronavirus (COVID-19) continues, in London, England on April 5.   A woman wears a mask as she jogs past a closed amusement arcade with her dog on a deserted Bournemouth promenade in Bournemouth, England on March 29.    A man sits on a bus as people continue to socially distance themselves amid the coronavirus (COVID-19) outbreak, in Edinburgh, Scotland on March 26.     A handout photograph released by the UK parliament shows the second reading of the Coronavirus Bill 2019-21 in the House of Commons, with MPs observing social distancing by sitting two metres apart, in London, England on March 23.   Admiral said the combined cost of its COVID-19 initiatives is equivalent to roughly a month’s premium income, or a third of its 2019 profits, and passes on the savings from reduced claims the company may otherwise have benefitted from during the lockdown, with the intention of returning estimated savings to its customers instead.