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Hiscox Share News (HSX)

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London Stock Exchange

Share Price is delayed by 15 minutes

Share Price: 1,171.00

Bid: 1,171.00

Ask: 1,175.00

Change: 1.00 (0.09%)

Spread: 4.00 (0.342%)

Open: 1,171.00

High: 1,171.00

Low: 1,171.00

Prev. Close: 1,170.00

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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

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News

9 Feb 2023 09:44

LONDON BROKER RATINGS: HSBC cuts Hiscox; Davy raises On The Beach

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

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26 Jan 2023 10:43

JPMorgan says Lloyd's insurers 'on cusp of a golden era', upgrades Hiscox

(Sharecast News) - JPMorgan Cazenove upgraded Hiscox on Thursday as it took a look at Lloyd's insurers.

26 Jan 2023 09:44

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26 Jan 2023 08:02

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

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

12 Jan 2023 09:40

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

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:

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.

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:

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:

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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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.

3 Nov 2022 09:59

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