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Pin to quick picksHiscox Share News (HSX)

Share Price Information for Hiscox (HSX)

London Stock Exchange
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Share Price: 1,175.00
Bid: 1,173.00
Ask: 1,175.00
Change: -42.00 (-3.45%)
Spread: 2.00 (0.171%)
Open: 1,211.00
High: 1,211.00
Low: 1,150.00
Prev. Close: 1,217.00
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Hiscox says insurance market still deteriorating

Fri, 12th Jul 2019 07:56

(Sharecast News) - Hiscox on Friday said the insurance market continued to deteriorate after 2018 catastrophes, as it forecast first-half pre-tax profits of $150m - $170m (£119m - £135m).The market was hit by events such as typhoon Jebi in Japan and hurricane Michael in Florida. Hiscox said the impact of reserve strengthening needed for those catastrophes would be around $40m."The scale of deterioration has been significant, with industry loss estimates having increased materially since these events," Hiscox said in a trading statement.The profit forecast included an estimated investment return of $150m to the end of June, having benefited from further market movements in the second quarter, it added.The group said it expected its combined ratio, which measures underwriting profit, to be within the normal range of 90-95% at the half year, with growth for the segment in line with the first quarter.The company, part of the oldest insurance market in the world, also forecast $60 million more in tax provisions for the half year, but added that it would not affect the full-year results.Hiscox added that reserve releases in the first half would be materially lower than last year, owing to the absence of prior year releases from Hurricanes Harvey, Irma and Maria, which had totalled $25m.
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18 Jan 2023 09:47

LONDON BROKER RATINGS: Bank of America and Oddo BHF cut Whitbread

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

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12 Jan 2023 09:40

LONDON BROKER RATINGS: UBS cuts Beazley; Berenberg likes Rio and BHP

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

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6 Dec 2022 10:26

LONDON BROKER RATINGS: JPMorgan cuts Lloyds but raises Barclays

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

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28 Nov 2022 14:41

IN BRIEF: Hiscox CEO Aki Hussain buys GBP100,000 worth of shares

Hiscox Ltd - Hamilton, Bermuda-based insurer - Chief Executive Officer Aki Hussain buys 10,000 shares at GBP10.04 each on Friday, worth a total of GBP100,400. In August, Hussain bought 10,000 shares for a total of GBP86,100.

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22 Nov 2022 10:09

LONDON BROKER RATINGS: Credit Suisse cuts Vodafone; Citi likes BP

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

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10 Nov 2022 15:52

TRADING UPDATES: Vertu Motors sizes up acquisition; Ondo's Hiscox deal

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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8 Nov 2022 09:39

LONDON BROKER RATINGS: Peel cuts Persimmon; Liberum raises Hammerson

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

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3 Nov 2022 10:27

Berenberg raises target price on Hiscox

(Sharecast News) - Analysts at Berenberg slightly raised their target price on insurer Hiscox from 990.0p to 1,015.0p on Thursday, after clarity on Hurricane Ian losses and rising yields lifted shares.

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3 Nov 2022 09:59

LONDON BROKER RATINGS: Peel Hunt reinitiates Tullow Oil with 'buy'

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

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2 Nov 2022 17:42

Cyclicals, BAT drag FTSE 100 lower ahead of Fed decision

FTSE 100 down 0.6%, FTSE 250 adds 0.1%

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2 Nov 2022 17:00

LONDON MARKET CLOSE: Stocks largely lower ahead of US Fed rate hike

(Alliance News) - Blue-chip European equities closed in the red on Wednesday, with poor manufacturing data and fading hopes of an end to zero-Covid measures in China doing little to lift the mood ahead of a Federal Reserve interest rate decision.

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2 Nov 2022 12:11

LONDON MARKET MIDDAY: Stocks down but Next and GSK bring some cheer

(Alliance News) - Stock prices in London edged into the red at midday on Wednesday, as the market awaited a key US interest rate decision, but welcomed positive business updates from GSK and Next.

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2 Nov 2022 10:46

Hiscox expects faster growth in 2023 as gross premiums written rise

(Alliance News) - Hiscox Ltd said Wednesday its gross premiums written grew in the first nine months of 2022, citing well-performing platform migration amid Hurricane Ian-related losses affecting investor sentiment and a fall in London Market premiums.

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2 Nov 2022 08:36

Hiscox gross written premiums grow in 'complex underwriting environment'

(Sharecast News) - Insurance group Hiscox said on Wednesday that it had performed well in "a complex underwriting environment", with constant currency gross written premiums up almost 10% year-to-date.

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26 Oct 2022 15:53

UK earnings, trading statements calendar - next 7 days

Thursday 27 October 
Airtel Africa PLCHalf Year Results
Anglo American PLCTrading Statement
Aveva Group PLCTrading Statement
C&C Group PLCHalf Year Results
Foxtons Group PLCTrading Statement
HarbourVest Senior LoansFull Year Results
Henderson Opportunities Trust PLCQ3 Results
Lloyds Banking Group PLCTrading Statement
Inchcape PLCTrading Statement
Indivior PLCQ3 Results
InvensysQ3 Results
PPHE Hotel Group LtdTrading Statement
Seplat Energy PLCQ3 Results
Shell PLCQ3 Results
Unilever PLCQ3 Results
Yamana Gold IncQ3 Results
Friday 28 October 
AIB Group PLCTrading Statement
Computacenter PLCTrading Statement
ContourGlobal PLCTrading Statement
Glencore PLCQ3 Results
Grit Real Estate Income Group LtdFull Year Results
International Consolidated Airlines Group SAQ3 Results
Industrials REIT LtdTrading Statement
NatWest Group PLCQ3 Results
Monday 31 October 
Airtel Africa PLCHalf Year Results
Lok'n Store Group PLCFull Year Results
Renalytix PLCFull Year Results
RM Infrastructure Income PLCHalf Year Results
Tuesday 1 November 
BP PLCQ3 Results
Bowleven PLCFull Year Results
IWG PLCTrading Statement
Liberty Global PLCQ3 Results
Rentokil Initial PLCTrading Statement
TP Group PLCTrading Statement
TP ICAP Group PLCTrading Statement
Wednesday 2 November 
Aston Martin Lagonda Global Holdings PLCQ3 Results
Coca-Cola Europacific Partners PLCQ3 Results
Greatland Gold PLCFull Year Results
GSK PLCQ3 Results
Hiscox LtdTrading Statement
Metro Bank PLCTrading Statement
Morgan Sindall Group PLCTrading Statement
Next PLCQ3 Results
Polymetal International PLCQ3 Results
Smurfit Kappa Group PLCTrading Statement
Weir Group PLCQ3 Results
Wizz Air Holdings PLCHalf Year Results
  
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