Profits leap 90% for Hastings
Gross written premiums increase 24% to £119.8m for the second quarter of 2014.
Hastings Insurance Group's results for the second quarter of 2014 showed a profit before tax jump of 90%, growing from £9m to £17.1m.
Group net revenue was up 19% to £97.6m and gross written premiums also increased to £119.8m (Q2 2013: £96.4m).
The firm also reported Ebitda growth - its adjusted Ebitda hit £26.3m, up 18% on Q2 2013.
The underwriting Ebitda ballooned even further growing 36% to £19.2m.
Hastings did not break down the combined operating ratio for the quarter, but stated that for
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