Profit and GWP up at Hastings in 2018

5-arrows-up

Hastings Group has reported a 3% rise in gross written premium (GWP) to £958.3m in 2018, compared to £930.8m last year.

In addition, operating profit came in at £190.6m (2017: £184.1m) and its combined operating ratio was 89.4% in 2018 (2017: 87.0%).

Hastings further posted a pre-tax profit of £130.6m for the year, up slightly from the £126.7m profit achieved last year, with net revenue also growing from £715.6m in 2017 to £756.4m in 2018.

Growth
Chief financial officer Richard Hoskins said

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: