Profits up at Hastings in 2015


Hastings has posted a 27% increase in gross written premium (GWP) to £614.9m (2015: £475.4m) in its preliminary results for the year ended 31 December 2015.

Operating profit also went up to £126.1m from £105.7m the previous year.

However profit before tax only came in at £5m following an £86.3m spend on non-trading items. This was still an improvement on the loss before tax of £1.4m in 2014.

Profit after tax reached £2.3m reversing a loss of £8.4m in the previous 12 months.

Hastings stated that

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: