With a strong emphasis on pricing discipline during the most recent quarter that has seen it “apply rates in line with first half claims inflation and ahead of the market” how would UK insurer Hastings Group fare in its latest round of financial results?
The answer, on the surface, appeared to be ‘quite well’ – with the group seeing its live customer policies up 5% year on year to 2.84 million as of the end of September 30, and gross written premiums for the nine-month reporting period climbing 2% to £753.1 million. Its share of the UK private car market also climbed from 7.5% to 7.8%.
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