• Hastings to list on the stock market
    • 15/09/2015
    • Posted by: Simon Wait
    • Category: News
    Motor insurance provider Hastings is to float on the stock market as it expands the business in a bid to attract more than 2.5 million customers by the end of 2017. The company hopes to raise £180m by issuing new shares, while some of its existing shareholders, including the group's founders, will also sell off a [...]
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  • Hastings post half year results
    • 27/08/2015
    • Posted by: Simon Wait
    • Category: News
    Hastings has posted an increase in GWP which hit £282.7m for the first half of 2015 (H1 2014: £227.2m). COR for the business also marginally improved moving from 90.4% to 90% while customer numbers increased 17% to 1.9m (H1 2014: 1.6m). Gary Hoffman, chief executive, commented, ‘These results are further [...]
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  • Concern over rise in uninsured drivers
    • 10/04/2015
    • Posted by: Alan Feldberg
    • Category: News
    Insurers have conceded they are largely powerless to prevent an uptick in uninsured drivers after the Motor Insurers' Bureau reported the number of motorists without insurance had ‘plateaued out’ after a decade of steep decline, Post Online has reported. MIB CEO Ashton West told Post that from the beginning of [...]
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  • Hastings sees strong growth
    • 09/04/2015
    • Posted by: Alan Feldberg
    • Category: News
    Hastings Insurance Group has today released its full 2014 results, with the company witnessing strong growth in customer numbers and gross written premiums. Gross written premiums increased by 19% to £496.2m (2013: £415.7m), largely driven by higher sales volumes to both new and existing customers. Customer [...]
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