Hastings profit hits £76m
Provider says it has seen premium reductions in motor due to Covid restrictions as GWP slips slightly to £481m.
Hastings Group has reported a profit before tax of £76m for the six months ended 30 June 2021.
The provider noted that its gross written premium for the period was £481m and that it has 3.1m live customer policies, which it said was broadly stable compared to the year end.
Hastings did not provide any comparative figures, but according to its results statement from last year its GWP for the first half of 2020 was £514.9m and its profit after tax was £54.8m.
Motor
Looking at 2021, the business
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