Insurance Age

Hyperion's revenue increases 50% to £299m

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    • Larry Ferguson

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But the group made a loss of £81.4m as a result of acquisition costs.

Hyperion Insurance Group's revenue for the year to the end of September 2015 rose by 50% to £299m compared to the previous 12-month period.

The company's full-year results also show that its Ebitda also increased by 31% to £56.7m for its latest financial year set against £43.2m in 2014.

But it made an accounting loss of £81.4m after non-recurring and acquisition costs were factored in.

The group also noted that its Ebitda margin decreased to 19% (2014: 22%), which it said primarily reflected

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