Esure shares at all-time high

Listen to this article


Esure jumped to the top of the FTSE All-Share on Friday morning after the insurance group reported a strong set of full-year results.

Investors echoed chief executive Stuart Vann’s declaration that the group is in “full growth mode”, with shares rising almost 10 per cent in early trading to hit an all-time high of 245p. At publication time they were up 7.8 per cent, at 240p.

The FTSE 250 group shrugged off the difficulties that have affected some of its peers after government changes to injury compensation rules last week, saying it is “well placed within the market compared to [its] peers”.

Esure’s shares were split in November when the company demerged from its price comparison business Gocompare.

Copyright The Financial Times Limited 2017. All rights reserved. You may share using our article tools. Please don't copy articles from and redistribute by email or post to the web.