Business
New business results for 6 months ended 31 Dec 19
New business results for 6 months ended 31 Dec 19.
About this update from Hansard Global Plc
[{"type":"text","content":"\n \nRNS Number : 7841A Hansard Global plc 24 January 2020 \n\n \n \n \n \n \n \n \n24 January 2020\n \n \nHansard Global plc\nNew business results for the six months ended 31 December 2019\n \n \nHansard Global plc (\"Hansard\" or \"the Group\"), the specialist long-term savings provider, issues its new business results for the six months ended 31 December 2019, the first half of its 2020 financial year (\"H1 2020\"). The three months ended 31 December 2019 are referred to as \"Q2 2020\" throughout this document. \n \nSummary\n· New business for the Group for Q2 2020 was £44.3m in PVNBP (\"Present Value of New Business Premiums\") terms. This represents an increase of 6.7% on Q2 2019 and 23.7% on Q1 2020;\n· New business for H1 2020 was £80.1m, 8.1% higher than H1 2019;\n· Our Latin American region has been the fastest area of growth as our Hansard Worldwide proposition and award-winning levels of customer service continue to be well received; \n· Assets under administration were £1.09 billion at 31 December 2019, unchanged from Q1 2020.\n \n \nGordon Marr, Group Chief Executive Officer, commented:\n\"There is a growing momentum in the business with particularly good performances in Latin America and the Middle East. Our focus on key distribution relationships, technology and customer service has assisted our growth in sales and we are pleased to have built further upon our strong start to the financial year.\"\n \n \n \n \n \nFor further information: \nHansard Global plc +44 (0) 1624 688 000\nGordon Marr, Group Chief Executive Officer\nTim Davies, Chief Financial Officer\nEmail: [email protected]\n \nCamarco LLP &nbs...