Hastings results show profit and customer rises
Half year results show GWP growth of 24% as COR marginally improves to 90%.
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 proof of the strong momentum generated by the business' straightforward approach to insurance and our commitment to getting it right for our customers."
It also reported a 25% increase in
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