Hoskins upbeat on Hastings results

Venture capital trusts growth

Richard Hoskins, chief financial officer of Hastings, has highlighted the organisation’s growth across the business following the publication of results for the first half of 2017.

Hoskins commented: “I think across the board we are showing continued momentum.”

He highlighted that Hastings now has 7% of the private motor market in the UK which he described as a “meaningful market share”.

Hoskins was also pleased with the loss ratio of 73.4% - below the target range of 75%-79% set by the

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