Insurance Post

Hastings sees GWP rise 27% as it announces first dividend

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Hastings has reported a 27% increase in gross written premiums to £614.9m (2014: £483.4m) for the 12 months ended 31 December 2015 and expects to pay shareholders a maiden dividend of 2.2p per share.

The company floated on the London Stock Exchange in October 2015.

Net revenue grew 20% in 2015 to £481m (2014: £400.9m) and group operating profit increased 19% to £126.1m (£105.7m).

The group

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