Profit and GWP up at Hastings in 2018

Ida Axling
@BrokingIda
01 Mar 2019

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

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 print this content. Please contact [email protected] to find out more.

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

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

To continue reading...

Sign In

Access Insurance Age

You are currently on corporate access.