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Trading statements

Hansard Global AuA up

26 January 2017 09:54

Hansard Global maintained its trend of increasing levels of new business particularly in the Middle East & Africa and Latin America regions in the six months to the end of December.

New business for Hansard International Limited for Q2 2017 was £41.0m in present value of new business premiums terms, approximately 11% higher than Q2 2016 and 21% higher than Q1 2017.

Assets under administration have increased since the last quarter by £19m or 2% to £1bn.

Group chief executive Gordon Marr said: "We are pleased to have maintained our continuing upward trend of well-diversified new business growth.

"We have stated previously that it is our intention to seek out additional licences in attractive markets and we are delighted to have recently announced a partnership with Union Insurance in the UAE which we expect to launch in February 2017."

At 9:54am: (LON:HSD) Hansard Global PLC share price was +2.5p at 109.5p

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Related Company: HSD

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