Back to news

New business results for the six months ended 31 December 2020

Hansard Global plc (“Hansard” or “the Group”), the specialist long-term savings provider, issues its new business results for the six months ended 31 December 2020 (“H1 2021”). The three months ended 31 December 2020 are referred to as “Q2 2021” throughout this document.

SUMMARY

  • Business remains resilient and well-diversified in the face of the continued challenges of Covid-19;
  • New business for the Group for Q2 2021 was £42.1m in PVNBP (“Present Value of New Business Premiums”) terms, compared to £44.3m in Q2 2020 (down 5.0%) and £34.2m in Q1 2021 (up 23.1%);
  • New business for H1 2021 was £76.3m compared to £80.1m in H1 2020 (down 4.7%);
  • Assets under administration were £1.167 billion at 31 December 2020 compared to £1.100 billion at 30 September 2020 (up 6.1%);
  • Launch of our Japanese proposition remains on target for Spring 2021.

GORDON MARR, GROUP CHIEF EXECUTIVE OFFICER, COMMENTED:

“Our new business performance during the six-month period is broadly unchanged, as it continues to be affected by the global pandemic. However, while sales activity remains challenging, we continue to deploy and utilise our technology and customer service strengths to assist our brokers and clients wherever possible.

We continue to invest for the future through the on-going development of our Japanese proposition and the upgrade of our systems environment. While Covid-19 presents challenges to the implementation of these projects, the launch of our Japanese proposition with our first distribution partner remains on track for Spring 2021.”

FOR FURTHER INFORMATION:

 

Hansard Global plc +44 (0) 1624 688 000
Gordon Marr, Group Chief Executive Officer
Tim Davies, Chief Financial Officer
Email: investor-relations@hansard.com
Camarco LLP +44 (0) 203 757 4981
Ben Woodford, Rebecca Noonan

View the full press release in PDF format (342KB – opens in a new window)

Back to news

Latest Articles

h

Offsetting The Carbon Emissions Used On Our Commute

We recently asked our colleagues for detailed feedback on how they travel to work each day, with the...

Read More

Important Changes to Hansard Online and Online Accounts

As we prepare to make some exciting improvements to our award-winning, online proposition,  it is important that you...

Read More

Hansard is a Community Partner with Junior Achievement Isle of Man

We are proud to announce that we are a Community Partner with Junior Achievement Isle of Man. Junior...

Read More

Hansard is an official partner of Biosphere Isle of Man

We are proud to announce that Hansard has recently become an official partner of the Biosphere Isle of...

Read More
Beach buddies litter picking

Hansard Beach Buddies!

We have been busy behind the scenes, getting together to form a Green Team that focuses on what...

Read More
Awards - Man working remotely

More award wins for Hansard tech

Up against some of the biggest names in financial services, the Hansard technology that thousands of Advisers and...

Read More
Kuala Lumpur skyline and skyscraper

Customer Service award wins – Asia & Africa

We are delighted that in a highly competitive category, we picked up the International Investment Excellence in Client...

Read More
h

First trading update for the year ending 30 June 2023

Hansard Global plc (“Hansard” or “the Group”), the specialist long-term savings provider, issues its trading update for the...

Read More
Debra Shields

Meet Deb

In this role, Debra works closely with various parts of the Hansard business, developing initiatives to secure new...

Read More