Profits soar at Hastings
Hastings' results came on the back of a 19% rise in group premiums to £423m (2011: £355m) with customer numbers up by almost the same percentage to 1.15m (2011: 972,000).
In a string of positive numbers in its annual results the company also detailed that it had created over 300 jobs last year and saw its combined ratio improve to 92% from 96% the year before.
Gary Hoffman, chief executive at Hastings, commented: "I joined in the final quarter and have been hugely impressed by what the
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.
Copyright Infopro Digital Limited. All rights reserved.
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]
Copyright Infopro Digital Limited. All rights reserved.
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]
More on Broker
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Blog: Could Aviva ever dominate the high net worth market?
- Partners& buys Nottingham-based broker
- Mulsanne accuses Marshmallow of stealing trade secrets in court battle
- Brokers may be failing to report misconduct
- People moves: 12-16 April 2021
- Former Tesco Bank boss, Benny Higgins, joins Markerstudy
- FCA data reveals progress as insurers settle Covid-19 BI claims