Hansard sees HNW sales uplift, targets Japan product debut, 'successfully defends 16 cases'

Isle of Man-headquartered international life company Hansard today (23 September) reported full year new business levels at £173.0m on a present value of new business premiums basis, 8.3% higher than FY 2020. IFRS profit before tax for the year was £5.1m, up 8.5% from £4.7m in FY 2020. Excluding litigation defence costs and other non-recurring provisions, underlying profit was £6.8m compared with £6.2m in FY 2020. Each of regions had achieved positive growth, Hansard said, as it saw increased levels of high-net worth contributions being made. The past financial year had strategical...