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Share Price: 1,142.00

Bid: 1,141.00

Ask: 1,143.00

Change: 0.00 (0.00%)

Spread: 2.00 (0.175%)

Open: 1,131.00

High: 1,163.00

Low: 1,131.00

Prev. Close: 1,142.00

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IN BRIEF: Hiscox agrees to sell DirectAsia to Ignite Thailand

Wed, 27th Sep 2023 10:42

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."

Current stock price: 1,029.00 pence, down 0.7% in London on Wednesday

12-month change: up 17%

By Emma Curzon, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

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Latest Share Chat

Hiscox Share News (HSX)

Share Price Information for Hiscox (HSX)

IN BRIEF: Hiscox agrees to sell DirectAsia to Ignite Thailand

Thursday broker round-up

Hiscox eyes return to dividend list; counts cost of US deep freeze

CORRECTED-UPDATE 1-Lloyd's of London's Hiscox eyes 2021 dividend as premiums rise

UPDATE 1-Lloyd's of London's Hiscox eyes 2021 dividend as premiums rise

Hiscox Q1 premiums rise, hails strong start to year

Lloyd's of London's Hiscox posts Q1 premium rise, eyes 2021 dividend

CORRECTED-Lloyd's of London's Hiscox posts Q1 premium rise, eyes 2021 dividend

UK earnings, trading statements calendar - next 7 days

BROKER RATINGS: Legal & General, Informa upgraded while Bunzl gets cut

BofA initiates coverage of London Market insurers, Lancashire named 'top pick'

Monday broker round-up

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Hiscox Share News (HSX)

Share Price Information for Hiscox (HSX)

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IN BRIEF: Hiscox agrees to sell DirectAsia to Ignite Thailand

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