Hastings Group

Hastings Group is a personal lines insurance provider. The Company operates in two segments, underwriting and retail. Hastings Group is involved in the underwriting and brokerage of car, van, bike and home insurance under various brands, as well as properties leasing.

Type
Public
HQ
Bexhill, GB
Size (employees)
1,910 (est)
Hastings Group is headquartered in Bexhill, GB

Hastings Group Office Locations

Hastings Group has offices in Bexhill and London
Bexhill, GB (HQ)
Collington Ave
London, GB
65 Gresham St

Hastings Group Data and Metrics

Hastings Group Financial Metrics

Hastings Group's revenue was reported to be £590.3 m in FY, 2016 which is a 23% increase from the previous period.
GBP

Revenue (FY, 2016)

590.3 m

Revenue growth (FY, 2015 - FY, 2016), %

23%

Net income (FY, 2016)

78.4 m

Market capitalization (24-Jul-2017)

2 b

Closing share price (24-Jul-2017)

3.1

Cash (31-Dec-2016)

168 m
Hastings Group's current market capitalization is £2 b.
GBPFY, 2014FY, 2015FY, 2016

Revenue

383 m481 m590.3 m

Revenue growth, %

26%23%

Pre tax profit

(1.4 m)5 m94.3 m

Net Income

(8.4 m)2.3 m78.4 m
GBPFY, 2014FY, 2015FY, 2016

Cash

123.4 m152.2 m168 m

Accounts Receivable

261.6 m356.5 m

Current Assets

1.5 b1.3 b1.8 b

PP&E

10.1 m17.1 m17.2 m

Goodwill

104.3 m572.8 m567.2 m

Total Assets

1.6 b1.9 b2.4 b

Accounts Payable

851.6 m1.1 b1.5 b

Current Liabilities

1.6 b1.4 b1.8 b

Total Liabilities

1.6 b1.4 b1.8 b

Retained Earnings

(8.4 m)2.3 m78.4 m

Total Equity

(13.9 m)503.2 m553.6 m

Financial Leverage

-114.7 x3.8 x4.3 x
GBPFY, 2014FY, 2015FY, 2016

Cash From Operating Activities

91 m155.6 m172.5 m

Cash From Financing Activities

18.3 m(8 m)(56 m)

Income Taxes Paid

(7 m)(2.7 m)(15.9 m)
Y, 2016

Financial Leverage

4.3 x

Hastings Group Market Value History

Traffic Overview of Hastings Group

Hastings Group Online and Social Media Presence

Hastings Group News and Updates

South Africans take control of Hastings

A South African asset manager has been given the green light by regulators to take a £435m stake in insurance firm Hastings. Rand Merchant Investment Holdings (RMI) revealed plans to buy 29.9 per cent of Hastings' shares in December. Today, UK, South Africa and Gibraltar regulators rubber-stamped…

City Moves for 4 November 2016 | Who’s switching jobs

Hastings Group ​Hastings Group has appointed Teresa Robson-Capps and Alison Burns as non-executive directors with immediate effect. Teresa is currently a non-executive director and member of the audit committee for Clydesdale and Yorkshire Bank Group and is chairman of the ACS Group. She was prev…

Ballygally Castle

An original 17th century castle tower (with turrets, arrow-slit windows and a friendly ghost) forms part of this family-friendly seaside hotel which overlooks a long sandy beach on Antrim’s Ballygally Bay.

This insurer is calling the shots in the war for tech talent

Finding appropriately skilled staff for technology projects is a problem which plagues many businesses, but one insurance company has told City A.M. it seems to have it sussed.  Gary Hoffman, chief executive officer of Hastings Group Holdings, revealed the company was increasingly looking beyond …

Rise of the machines: Hastings results receive boost from telematics

Hastings Group Holdings revealed its profits had grown strongly during the first half of 2016 today, no doubt helped by growth in both the home and telematics markets. The figures The insurer revealed operating profit had increased to £70.8m for the six months to June, up 20 per cent from £59.…
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Hastings Group Company Life and Culture

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