Hansard Global FY26 posts higher new business sales
Hansard Global FY26 posts higher new business sales
Overview
UK long-term savings provider's FY26 new business sales rose 31%, profit before tax improved
Assets under administration increased 12% to £1.26bln, driven by premium inflows and market gains
Company made progress resolving legacy litigation, reducing contingent exposure and securing recoveries
Outlook
Hansard Global says focus for FY27 is on disciplined execution of its multi-year Growth Strategy
Company highlights ongoing macroeconomic, geopolitical and market uncertainties for the coming year
Result Drivers
NEW BUSINESS GROWTH - Broad-based increase in new business sales across products, markets and distribution relationships, supported by stronger adviser engagement and commercial activity
PRODUCT LAUNCHES AND MARKET EXPANSION - Launch of locally licensed products in Japan and strengthened presence in Asia and Latin America contributed to sales momentum
LITIGATION PROGRESS - Settlement strategies and improved insurance recoveries reduced uncertainty and improved financial visibility
Company press release: ID:nRSX0623Wa
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY New Business Sales |
| GBP 108.30 mln |
|
Reuters Recommended Reads
Sept 22 - UK's Mortgage Advice Bureau H1 revenue rises 8.6% on refinancing
Sept 22 - Payments firm Fonix Mobile's FY26 gross profit rises, aided by Portugal market strength
Sept 22 - UK's Foresight Solar Fund H1 NAV falls on higher discount rates
For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)