Hiscox Ltd reported higher gross written premiums for the first quarter as the Lloyd’s of London insurer saw rates improving in the London market, although it said the region was hit by higher frequency of property losses. The FTSE-100 insurer, which underwrites a range of risks including fine art, vintage cars, kidnap and ransom, said… Continue reading Insurer Hiscox’s First Quarter Premiums Rise on Higher Rates
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Hiscox Profits Treble As Insurer Reaps Benefits of Overhaul
Insurer Hiscox’s profits trebled last year, despite a series of large natural catastrophes and volatile investment markets. The company on Monday said it was reaping the benefits of action it had taken over the past few years to restructure its London Market business, which sells specialist commercial insurance in the City of London. That part… Continue reading Hiscox Profits Treble As Insurer Reaps Benefits of Overhaul