Business

Insurance Recovery Received

Hansard Global plc has received £2,130,989.45 from its insurers to cover costs associated with legacy litigation for Hansard Europe dac, which will be recognised in the year-end results. The company anticipates further litigation-related cost recoveries from its insurers and expects its insurance arrangements to continue supporting future defence and settlement expenses. Disclaimer*

articleHansard Global PlcMarch 20, 20264/news/insurance-recovery-received
Insurance Recovery Received

About this update from Hansard Global Plc

20 March 2026 Hansard Global plc (the "Company")       Further to previously disclosed information, the Company announces that it has received from its insurers £2,130,989.45 in respect of costs previously incurred by Hansard Europe dac in defending and settling legacy litigation. The Company also expects to recover further litigation-related costs from its insurers in due course. The amount received to date will be recognised on a consolidated basis in the year end results. The Company continues to engage constructively with its insurers and expects its insurance arrangements to remain effective in supporting the Group's future defence and, where appropriate, settlement costs.   Enquiries: Hansard Global plc                                                                  +44 (0) 1624 688 000 Thomas Morfett, Group Chief Executive Officer Hazel Stewart, Company Secretary Email: [email protected] Camarco                                                                                  +44 (0) 7990 653 341 Ben Woodford, Hugo Liddy   LEI number: 213800ZJ9F2EA3Q24K05     Notes to editors: ·     Hansard Global plc is the holding company of the Hansard Group of companies. The Company was listed on the London Stock Exchange in December 2006. The Group is a specialist long-term savings provider, based in the Isle of Man. ·       The Group offers a range of flexible and tax-efficient investment products within a life assurance policy wrapper, designed to appeal to affluent, international investors. ·       The Group utilises a controlled cost distribution model via a network of independent financial advisors and the retail operations of certain financial institutions who provide access to their clients in more than 170 countries. The Group's distribution model is supported by Hansard OnLine, a multi-language internet platform, and is scalable. ·       The principal g...

View stock analysis, news, and events for Hansard Global Plc