Company
Hiscox Ltd
LON:HSX
Hiscox Limited is a Bermuda-based specialist insurer company. Hiscox is a holding company for subsidiaries involved in the business of insurance in the United Kingdom and overseas.
71 stories
Archive
Hiscox shares rise after strong gross premium growth
The international specialist insurer said Hiscox retail gross premiums increased 7.9% to US$1,768.0mln driven by excellent growth in Europe, a resilient performance in the UK and improved US growth
Archive
Hiscox loss could have been much worse, says Peel Hunt, seeing positive outlook
Much of the group’s top-line performance can maybe attributed to rising costs associated with reinsurers
Archive
Hiscox's shares slump as it posts pre-tax loss for half year
The Lloyd's of London underwriter reported pre-tax loss of US$107.4mln, compared to a profit of US$133.4mln for the same period last year
Archive
Touchstone Exploration climbs as it notifies residents commissioning operations will soon start
A look at some risers and fallers on the market on Wednesday.
Archive
Hiscox reports 6% premiums growth, reserves US$150mln for Hurricane Ida and European floods
The specialist insurer said its net COVID-19 loss estimate remains unchanged at US$475mln for 2020 and US$17mln for lockdowns announced in 2021
Archive
Beazley downgraded after "robust" results season from reinsurers lifts prices
UBS's top picks in the sector are Hannover Re, Munich Re, Hiscox and Lancashire
Archive
Cyber premiums climbing as businesses rush for protection says Hiscox
Space and product recall rates have also hardened significantly over the recent months
Archive
Hiscox premiums rise on growth in UK and Europe
The insurer says paying valid business interruption claims as quickly as possible
Archive
Hiscox regrets COVID-19 dispute as pandemic claims lead to loss
"We are well-placed to make the most of the best conditions in the London Market in many years"
Archive
Hiscox sets aside another US$48mln after coronavirus business insurance judgement
Supreme court judge Lord Hamblen said the FCA had “substantially” won its case.
Archive
Insurers' appeal against COVID-19 payouts gets underway in Supreme Court
“Many businesses are struggling to survive, and holding off payment, at this stage, is morally contestable”
Archive
Hiscox reports strong rise in rates but COVID claims unchanged
Despite the most active North American wind season on record and another disastrous wildfire season in California, the severity of individual catastrophe events has not reached the levels of the past three years
Archive
Hiscox and other insurers look at test case appeal to resolve coronavirus business claims
The test case might suitable for a so-called 'leapfrog' appeal direct to the Supreme Court
Archive
Insurers rally after COVID-19 ruling on business insurance
Lawyers for the policyholders claimed it a victory and said the ruling opened the way for £1.2bn of compensation claims
Archive
Hiscox swings to loss due to coronavirus impact on claims, new business
After the lockdown hit new retail business in April and May, the insurer said trading improved in June
Archive
London-listed companies raise £5bn from coronavirus-related share issues
Hiscox, National Express and Immotion all announced fundraisings on Wednesday
Archive
Hiscox raises funds as sees potential £250mln coronavirus impact and growth opportunities
Jefferies upgraded the shares, saying the insurer “stands apart as offering a substantial growth opportunity”
Archive
Hiscox upgraded by Peel Hunt as sees pre-emptive fundraise as good idea
A US$500mln capital raise “may make sense”, analysts said
Archive
Hiscox clarifies meaning of 'medium term' after share price plummets
Shares fell to two-year lows as analysts questioned the insurer's estimates for medium-term underwriting profit
Archive
Hiscox rocked by natural disasters in third quarter
An “active claims environment” caused the insurer to up its reserves “materially in excess” of its catastrophe budget for the second half
Archive
Hiscox slides after first-half of 2019 sees a rise in claims
"As ever, the results of the half-year are no indication of the results of the full year, so as we approach hurricane season there is still potential for the wind to blow us off course," said Robert Childs, the chairman of Hiscox.
Investments and investor services
FTSE 100 romps to higher close as Just Eat delivers 22% share gain
Just Eat is poised to combine with Dutch rival Takeaway.com to form one of the world's largest food delivery firms
Archive
Week ahead preview: Lloyds, Barclays, RBS, BT Group, BoE and US Fed
It will be a busy week for markets with a barrage of corporate earnings and interest rates decisions from the Bank of England and the US Federal Reserve.
Archive
Hiscox profit warning reduces buffers ahead of the hurricane season
Creeping losses are continuing from catastrophe events in last year’s hurricane season, including Typhoon Jebi in Japan and Hurricane Michael in Florida
Investments and investor services
FTSE 100 closes lower Friday after lacklustre week
The FTSE 250 went the other way and gained over 87 points on Friday
Archive
Hiscox gets off to slow start as re-insurance weighs
“We have done what we said we would do in the first quarter,” said chief executive Bronek Masojada
Investments and investor services
FTSE 100 closes firmly in red as traders fret about trade
Stock markets in Europe have suffered severe declines as US-China trade tensions have heightened
Archive
BT to take centre stage as it reports full year numbers with dividend in focus
The week ahead includes updates from BT Group, Superdry, Morrisons, ITV, IAG, Barratt Developments, Direct Line, RSA Insurance and Imperial Brands
Archive
Hotchpotch of blue-chip results set to flow in coming week from likes of Rolls-Royce, ITV, WPP
The Week Ahead will also bring a trading update from AB Foods, plus final results from Standard Chartered, IAG, Persimmon, Rightmove, as well as the latest US GDP data
Thomas Cook sees late rally but commentators still expect travel firm be demoted from FTSE 250 index following quarterly reshuffle
Thomas Cook shares edged up 0.5% to 23.76, having recovered from an earlier slide which took the stock to a low of 19.69p, a near 60% drop over the past five sessions since the group issued a profit warning
Christmas spirit could be lacking for Royal Mail as ejection from FTSE 100 index beckons once again
Christmas might be Royal Mail’s busiest time of the year but a shock profit warning from its new chief executive Rico Back in October wiped out 20% of the postal firm’s market value, making the group a shoo-in for another demotion
Archive
Hiscox drops on caution over recent weather catastrophes impact after solid Q3 premiums growth
The insurer said its gross written premiums increased by 14.3% to US$3.04bn for the period to the end of September, up from US$2,663.2mln a year earlier
FTSE 100 closes marginally higher as European indices lag; US mid-terms in focus
FTSE 100 closed marginally higher but mid-cap cousin FTSE 250 plunged nearly ten points.
Archive
Trump mid-term test and US rate decision to give week ahead a Trans-Atlantic twist
Aside from the US elections and Fed policy meeting, updates from UK blue-chip retailers J Sainsbury, Wm Morrison Supermarkets and Marks & Spencer should draw the most attention in the coming week
FTSE 100 closes slightly in red as traders sit on hands ahead of central bank updates
FTSE 100 closed down 0.46 points, or 0.01% at 7,700 on Monday
Archive
Banks in the foreground as the BoE and Fed make rate decisions; Barclays, Lloyds, RBS all report results
Aside from the raft of banking numbers in the Week Ahead, the likes of BP, Centrica, Next, Rolls-Royce, BAE Systems and Taylor Wimpey will also continue the FTSE 100 reporting splurge
Equiniti shares jump as it expects full-year earnings to reach top end of market forecasts
Equiniti said revenues were boosted by contract renewals and new client wins
Archive
Hiscox sees catastrophe exposed business drive growth in first quarter
The group reported that gross written premiums for the three months to the end of March had risen 20% in constant currency to US$1.16bn
FTSE 100 closes slightly in red; Shire biggest gainer
FTSE 100 closed 1.39 points lower at 7,565, while FTSE 250 went the other way
Archive
Rate hike unlikely from May Bank of England policy meeting after recent dull UK data
Aside from the latest Bank of England interest rate decision, the week ahead includes updates from Wm Morrison Supermarkets, Next, BT Group, ITV, and William Hill ...
Investments and investor services
All eyes on Primark as Associated British Foods releases results
AB Foods saw its shares fall after a pre-close season update as worries over cost pressures in its grocery business, but, the Primark fashion retail unit will likely be the focus for many.
Archive
M&S and Sainsbury's take centre stage as BoE interest rate hike excitement dies down
The week ahead includes earnings from M&S, Sainsbury's, ABF, Direct Line, Wetherspoon and AstraZeneca while macro-economic announcements will be thin on the ground
Archive
Lancashire estimates losses arising from recent hurricanes, earthquakes to be in US$106mln to US$212mln range
The FTSE 250-listed insurer said the figures are stated after anticipated recoveries from its outwards reinsurance programme and the impact of outwards and inwards reinstatement premiums
Archive
Hiscox estimates it faces net claims totalling about US$225mln from both hurricanes Harvey and Irma
The Lloyd's of London underwriter had said on September 18 that Hurricane Harvey alone would cost it at least US$150mln in claims based on an insured market loss of US$25bn
Archive
Hiscox says Harvey devastation will cost it US$150mln
Hiscox said its estimate was net and based on an insured market loss of US$25bn
Archive
Banks to dominate another busy earnings week, including numbers from HSBC and RBS
Week ahead: HSBC, Royal Bank of Scotland, Royal Dutch Shell, Next, Centrica, Shire, US jobs, Bank of England policy meeting ...
Archive
First Worldpay, now Lloyd's of London insurer Novae falls to an opportunistic bid as weak pound entices Americans
AXIS Capital is shelling out 700p a share in cash for Novae Group PLC – a 29% premium to the average price over the last month.
Archive
Week ahead: ITV set to broadcast results as quantity set to rule over quality
Having seen the big drugs, oils, and banking sectors dominate over the past few weeks, investors will have less FTSE 100 results to digest in the coming week.
Week Ahead: US election takes centre stage
Aside from the election, several UK retailers have results due next week
Archive
Brokers: Direct Line, Legal & General under scrutiny
Insurers were in the firing line on Thursday after Barclays released a report giving its assessment of the UK and European insurance market post-Brexit
PREVIEW: Capita looking to step up the pace
Updates are also expected from Summit Therapeutics, Maxcyte and Hiscox
Week Ahead: Summit Therapeutics to reflect on year of unrelenting progress
News flow for the drugs developer has been nothing but positive this year
Week Ahead: TalkTalk has some explaining to do
There are bigger companies reporting this week, such as Sainsbury's, Prudential, SABMiller and Rolls-Royce, but few will command as much coverage as TalkTalk,