Hastings Group Holdings plc

Equities

HSTG

GB00BYRJH519

Delayed London S.E. Other stock markets			5-day change	1st Jan Change
- ^GBX	-.--%		-0.16%	+39.29%

2023	Fitch Upgrades Hastings Rating On Improved Capitalization, Leverage	MT
2021	Car insurance premiums in Britain fall 6% in fourth-quarter - survey	RE

Hastings Hldg : British insurer Hastings says CEO Hoffman to become chairman

January 09, 2018 at 01:00 pm IST

(Reuters) - British insurer Hastings Group Holdings Plc said its Chief Executive Gary Hoffman would take over as non-executive chairman in May and promoted Toby van der Meer, managing director of its UK trading subsidiary, as its next CEO.

Hoffman will assume the role of non-executive chairman from Mike Fairey, who will retire in May.

The company, which mainly operates in the British motor market, said the new CEO will take charge on March 1.

"Mike Fairey was appointed as chairman to guide the company through its IPO in October 2015... Mike believes that, having successfully achieved those objectives... it is now the right time for him to step down," Hastings said.

(Reporting by Noor Zainab Hussain in Bengaluru; Editing by Amrutha Gayathri)

Latest news about Hastings Group Holdings plc

Fitch Upgrades Hastings Rating On Improved Capitalization, Leverage	31/23/31	MT
Car insurance premiums in Britain fall 6% in fourth-quarter - survey	15/21/15	RE
Hastings : Fitch Upgrades Hastings' Long-Term Ratings on Takeover by Sampo, Rand Merchant	19/20/19	MT
Canada's Intact, Denmark's Tryg agree to buy British insurer RSA for $9.6 billion	19/20/19	RE
Hastings : Sampo, Rand Merchant JV Completes Hastings Takeover	16/20/16	MT
Sampo Oyj : Sampo Group Completes Hastings Deal	16/20/16	DJ
Hastings : Sampo, Rand Merchant Near Closing of Hastings Takeover	16/20/16	MT
Hastings Group Holdings plc(LSE:HSTG) dropped from S&P Global BMI Index	16/20/16	CI
Hastings Group Holdings plc(LSE:HSTG) dropped from FTSE 350 (Ex Investment Companies) Index	16/20/16	CI
Hastings Group Holdings plc(LSE:HSTG) dropped from FTSE 250 Index	16/20/16	CI
Hastings Group Holdings plc(LSE:HSTG) dropped from FTSE 250 (Ex Investment Companies) Index	16/20/16	CI
Hastings Group Holdings plc(LSE:HSTG) dropped from FTSE 350 Index	16/20/16	CI
Hastings Group Holdings plc(LSE:HSTG) dropped from FTSE All-Share Index	16/20/16	CI
Sampo Oyj and Rand Merchant Investment Holdings Limited completed the acquisition of Hastings Group Holdings plc.	16/20/16	CI
Sampo Oyj : Sampo Group's Results For January -- -4-	04/20/04	DJ
Sampo Oyj : Sampo Group's Results For January -- -3-	04/20/04	DJ
Sampo Oyj : Sampo Group's Results For January -- September 2020	04/20/04	DJ
Rand Merchant Investment : Finland's Sampo says has all approvals for Hastings deal	27/20/27	RE
Sampo Oyj : Sampo Group Has Received All Regulatory Approvals For Its Hastings Deal	27/20/27	DJ
Admiral : UK insurers under fire as watchdog proposes 'radical' ban on loyalty penalties	22/20/22	RE
CVS Health : Health, Motor Insurers Benefit From Pandemic -- Earnings at a Glance	05/20/05	DJ
Hastings : Sampo, RMI scoop up UK insurer Hastings in $2.2 billion cash deal	05/20/05	RE
Hastings : UK insurer Hastings agrees to higher than expected $2.2 billion cash offer	05/20/05	RE
Hastings : Agrees to GBP1.66 Billion Offer From Sampo, Rand Merchant Consortium	05/20/05	DJ
Transcript : Hastings Group Holdings plc, Q2 2020 Earnings Call, Aug 05, 2020	05/20/05

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Company Profile

Hastings Group Holdings plc, formerly Hastings Group Holdings Limited, is a holding company. The Company provides general insurance. Its segments include Underwriting, Retail and Corporate. The Underwriting segment includes underwriting business based in Gibraltar. The Underwriting segment includes its subsidiaries, Advantage Insurance Company Limited (AICL), which is engaged in underwriting general insurance, primarily private car insurance in the United Kingdom, and Conquest House Limited, which owns property utilized by the Company. AICL also underwrites the United Kingdom home policies under a co-insurance arrangement. The Retail segment includes provision of insurance broking services to the private car, van, bike and home markets in the United Kingdom, and broking services provided on behalf of a panel of external third-party insurers. The Corporate segment includes the results of various head office companies, whose primary activities are as holding and finance companies.

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