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Hastings vows further data investment as profit rises by 22.1%

harry-hastings

Hastings saw a 22.1% increase in H1 adjusted operating profit, as the company vowed to continue investment in its data-driven model.

The business saw its adjusted profit rise to £86.5m from £70.8m in the same period last year.

Combined operating ratio improved slightly to 73.4% from 74%, while gross premium increased 28% to £462m

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