Long-time Admiral bear Peter Eliot, an analyst at Berenberg, has expressed concerns about the UK motor insurer's capital requirements as the London-listed firm attempts to raise up to £200mn of subordinated debt in its first ever bond issue.
Long-time Admiral bear Peter Eliot, an analyst at Berenberg, has expressed concerns about the UK motor insurer's capital requirements as the London-listed firm attempts to raise up to £200mn of subordinated debt in its first ever bond issue.