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Financials

CORRECTED-Insurer Admiral posts 4% rise in H1 pretax profit

(Changes operating profit to pretax profit throughout)

LONDON, Aug 14 (Reuters) - British insurer Admiral on Wednesday posted a 4% rise in pretax profit in the first half of the year, driven by a strong performance in its UK business.

Admiral, one of Britain’s largest motor insurers, said pretax profit rose to 220 million pounds ($265.23 million) from 212 million pounds last year.

$1 = 0.8295 pounds Reporting by Lena Masri; editing by Simon Jessop

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