Get Live Data

We would love to hear your thoughts about our site and services, please take our survey here.

Less Ads, More Data, More Tools Register for FREE
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’
George Frangeskides, Chairman at ALBA, explains why the Pilbara Lithium option ‘was too good to miss’View Video
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin America
Charles Jillings, CEO of Utilico, energized by strong economic momentum across Latin AmericaView Video

Latest Share Chat

  2. Share Prices
  3. Hiscox Share Price
  4. Hiscox Share News
  5. Canaccord downgrades Lloyd's insurers Beazley, Hiscox and Lancashire

Pin to quick picksHiscox Share News (HSX)

Hiscox Information

Share Price Information for Hiscox (HSX)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,209.00
Bid: 1,210.00
Ask: 1,211.00
Change: 6.00 (0.50%)
Spread: 1.00 (0.083%)
Open: 1,207.00
High: 1,218.00
Low: 1,205.00
Prev. Close: 1,203.00
HSX Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Canaccord downgrades Lloyd's insurers Beazley, Hiscox and Lancashire

Mon, 08th Jul 2019 08:08

(Sharecast News) - Canaccord Genuity cut its stance on Hiscox, Beazley and Lancashire on Monday as it took a look at the UK insurance sector and said first-quarter commentary points to more challenges.The broker downgraded Hiscox to 'sell' from hold', keeping the price target at 1,580p. It cut Beazley to 'hold' from 'buy', keeping the 610p price target and downgraded Lancashire Holdings to 'hold' from 'buy' with an unchanged price target of 725pCanaccord maintained its 'buy' rating on Hastings, but reduced the price target to 225p from 235p and kept Sabre at 'hold' while trimming the price target to 305p from 310p. It kept Direct Line at 'sell' with a 280p price target."For the Lloyd's insurers (Beazley, Hiscox and Lancashire), there were positive comments about rating momentum (albeit not a hard market), much improved investment returns but some negatives re higher attritional loss activity and loss creep (especially around Typhoon Jebi), all of which will impact reserve releases," it said."For personal lines insurers (Direct Line, Hastings and Sabre), the continued pressure on pricing that means, for most, any rate rises achieved are not as yet keeping up with, let alone surpassing, current (high) claims inflation. This suggests the resultant turn in UK motor rates could well be pushed out to Q4 19/Q1 20."Canaccord said it expects Beazley and Hiscox to take a more cautious stance on both 2018-19 claims and reserve movements, especially on casualty/Typhoon Jebi, which will impact 2019."We see a similar theme at Lancashire, albeit without the prior year loss creep, plus it does not have large casualty exposures," it added.At 1100 BS, Beazley shares were down 0.8% at 562p, Hiscox was 0.6% lower at 1,758p and Lancashire was 0.3% lower at 701.50p.
More News
8 Nov 2023 09:25

Hiscox sees growth across board as gross written premiums rise

(Alliance News) - Hiscox Ltd on Wednesday said says written premiums were up across all of its sectors as it turns its focus on new opportunities.

Read more
8 Nov 2023 07:18

Hiscox reports strong written premium growth

(Sharecast News) - Specialist insurer Hiscox reported strong growth in group insurance contract written premiums (ICWP) on Wednesday in the first nine months of the year, increasing 6.8% in constant currency to reach $3.76bn.

Read more
27 Oct 2023 09:30

LONDON BROKER RATINGS: UBS says buy SJP; JPMorgan raises Trainline

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
27 Sep 2023 10:42

IN BRIEF: Hiscox agrees to sell DirectAsia to Ignite Thailand

Hiscox Ltd - Hamilton, Bermuda-based insurer - Enters agreement to sell DirectAsia, its business operations in Singapore and Thailand, to Ignite Thailand Holdings Ltd. Expects the transaction to complete by the end of 2023. Ignite Thailand is the parent of Thai online insurance broker Roojai. Hiscox says the agreement "follows [its] previously announced strategic review of the business as part of its continued active portfolio management and disciplined focus on key markets where it sees the greatest opportunities to maximise value for shareholders."

Read more
27 Sep 2023 07:47

LONDON BRIEFING: Flutter buys MaxBet stake; LandSec sees strong demand

(Alliance News) - Stocks in London are set to open lower on Wednesday as investors remained in a risk-off mood amid the prospect of interest rates staying higher for longer in the US.

Read more
27 Sep 2023 07:09

Hiscox sells Thailand, Singapore for undisclosed sum

(Sharecast News) - Specialist insurer Hiscox said it had signed a deal to sell DirectAsia, its business operations in Singapore and Thailand to Ignite Thailand Holdings for an undisclosed sum.

Read more
22 Sep 2023 09:33

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

Read more
22 Sep 2023 07:44

LONDON BRIEFING: CMA minded to approve new Microsoft/Activision deal

(Alliance News) - Stocks in London are expected to edge into the red at Friday's market open, after a week dominated by central bank decisions.

Read more
19 Sep 2023 15:49

UK dividends calendar - next 7 days

Wednesday 20 September 
abrdn Asia Focus PLCdividend payment date
Domino's Pizza Group PLCdividend payment date
Impact Healthcare REIT PLCdividend payment date
London Stock Exchange Group PLCdividend payment date
OSB Group PLCdividend payment date
Sabre Insurance Group PLCdividend payment date
Scottish American Investment Co PLCdividend payment date
Thursday 21 September 
abrdn Diversified Income & Growth PLCex-dividend payment date
abrdn Private Equity Opportunities Trust PLCex-dividend payment date
Alpha Group International PLCex-dividend payment date
Brickability Group PLCdividend payment date
Brooks Macdonald Group PLCex-dividend payment date
Chelverton UK Dividend Trust PLCex-dividend payment date
Costain Group PLCex-dividend payment date
CQS Natural Resources Growth & Income PLCspecial ex-dividend payment date
Crest Nicholson Holdings PLCex-dividend payment date
Dowlais Group PLCex-dividend payment date
Essentra PLCex-dividend payment date
FDM Group Holdings PLCex-dividend payment date
Fidelity European Trust PLCex-dividend payment date
Forterra PLCex-dividend payment date
Gamma Communications PLCex-dividend payment date
Grafton Group PLCex-dividend payment date
Harworth Group PLCex-dividend payment date
Highcroft Investments PLCex-dividend payment date
HSBC Holdings PLCdividend payment date
IG Group Holdings PLCex-dividend payment date
Jet2 PLCex-dividend payment date
JPMorgan European Growth & Income PLCex-dividend payment date
JTC PLCex-dividend payment date
Kenmare Resources PLCex-dividend payment date
Mattioli Woods PLCex-dividend payment date
Midwich Group PLCex-dividend payment date
Palace Capital PLCex-dividend payment date
Redrow PLCex-dividend payment date
Regional REIT Ltdex-dividend payment date
Restore PLCex-dividend payment date
Rio Tinto PLCdividend payment date
Schroders PLCdividend payment date
SSE PLCdividend payment date
STV Group PLCex-dividend payment date
Vanquis Banking Group PLCdividend payment date
Walker Crips Group PLCex-dividend payment date
XPS Pensions Group PLCdividend payment date
Friday 22 September 
abrdn Equity Income Trust PLCdividend payment date
Arbuthnot Banking Group PLCdividend payment date
Athelney Trust PLCdividend payment date
Auto Trader Group PLCdividend payment date
BP PLCdividend payment date
Capital & Regional PLCdividend payment date
Empiric Student Property PLCdividend payment date
Glencore PLCdividend payment date
Glencore PLCspecial dividend payment date
Henderson Opportunities Trust PLCdividend payment date
JLEN Environmental Assets Group Ltddividend payment date
Man Group PLCdividend payment date
PayPoint PLCdividend payment date
Reach PLCdividend payment date
Rotork PLCdividend payment date
Segro PLCdividend payment date
Speedy Hire PLCdividend payment date
St James's Place PLCdividend payment date
Utilico Emerging Markets Trust PLCdividend payment date
Monday 25 September 
Bridgepoint Group PLCdividend payment date
Tuesday 26 September 
abrdn PLCdividend payment date
Anglo American PLCdividend payment date
Hiscox Ltddividend payment date
Legal & General Group PLCdividend payment date
TP ICAP Group PLCex-dividend payment date
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

Read more
7 Sep 2023 09:45

LONDON BROKER RATINGS: RBC ups ConvaTec; Peel Hunt cuts Harbour Energy

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
5 Sep 2023 09:29

LONDON BROKER RATINGS: JPMorgan cuts Tesco, B&M; Investec likes Relx

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Read more
5 Sep 2023 09:24

Morgan Stanley downgrades Hiscox, upgrades Lancashire

(Sharecast News) - Morgan Stanley has reassessed its performance ratings on stocks in the insurance sector, leading to a downgrade for Hiscox and an upgrade for Lancashire Holdings.

Read more
5 Sep 2023 07:39

LONDON BRIEFING: Strong start for Ashtead; DS Smith trading in line

(Alliance News) - Stocks in London are called lower on Tuesday, amid the latest services PMI readings.

Read more
1 Sep 2023 12:56

Director dealings: Hiscox CEO invests; Coca-Cola HBC counsel exercises, sells options

(Sharecast News) - Hiscox was among those on the list of director buys on Friday, after its chief executive officer added to his holding.

Read more
1 Sep 2023 11:49

IN BRIEF: Hiscox CEO Aki Hussain buys GBP150,000 in shares

Hiscox Ltd - Hamilton, Bermuda-based insurer - Chief Executive Officer Aki Hussain buys 15,000 shares at GBP10.04, worth GBP150,600, on Tuesday.

Read more
12345678910

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.