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Viewing results 1-17 of 17


Hiscox slides after first-half of 2019 sees a rise in claims

"As ever, the results of the half-year are no indication of the results of the full year, so as we approach hurricane season there is still potential for the wind to blow us off course," said Robert Childs, the chairman of Hiscox....

on 07/29/2019

Hiscox profit warning reduces buffers ahead of the hurricane season

Creeping losses are continuing from catastrophe events in last year’s hurricane season, including Typhoon Jebi in Japan and Hurricane Michael in Florida...

on 07/12/2019

Hiscox gets off to slow start as re-insurance weighs

“We have done what we said we would do in the first quarter,” said chief executive Bronek Masojada...

on 05/07/2019

Hiscox posts jump in 2018 profit and says business is ready for Brexit

"We have generated strong growth and good profits in a busy year for claims,” said chief executive Bronek Masojada...

on 02/25/2019
Retail & consumer

Thomas Cook sees late rally but commentators still expect travel firm be demoted from FTSE 250 index following quarterly reshuffle

Thomas Cook shares edged up 0.5% to 23.76, having recovered from an earlier slide which took the stock to a low of 19.69p, a near 60% drop over the past five sessions since the group issued a profit warning...

on 12/04/2018
Industry & services

Christmas spirit could be lacking for Royal Mail as ejection from FTSE 100 index beckons once again

Christmas might be Royal Mail’s busiest time of the year but a shock profit warning from its new chief executive Rico Back in October wiped out 20% of the postal firm’s market value, making the group a shoo-in for another demotion...

on 12/03/2018

Hiscox drops on caution over recent weather catastrophes impact after solid Q3 premiums growth

The insurer said its gross written premiums increased by 14.3% to US$3.04bn for the period to the end of September, up from US$2,663.2mln a year earlier...

on 11/05/2018

Hiscox posts jump in first-half profit, but cautions “hurricanes can blow us off course in the second half”

The Lloyd's of London insurer reported a 28% jump in pre-tax profit in the six months ended June to US$163.mln, up from US$129.1mln a year earlier...

on 07/30/2018
Industry & services

Equiniti shares jump as it expects full-year earnings to reach top end of market forecasts

Equiniti said revenues were boosted by contract renewals and new client wins ...

on 07/27/2018

Hiscox sees catastrophe exposed business drive growth in first quarter

The group reported that gross written premiums for the three months to the end of March had risen 20% in constant currency to US$1.16bn...

on 05/08/2018

Lancashire estimates losses arising from recent hurricanes, earthquakes to be in US$106mln to US$212mln range

The FTSE 250-listed insurer said the figures are stated after anticipated recoveries from its outwards reinsurance programme and the impact of outwards and inwards reinstatement premiums...

on 10/09/2017

Hiscox estimates it faces net claims totalling about US$225mln from both hurricanes Harvey and Irma

The Lloyd's of London underwriter had said on September 18 that Hurricane Harvey alone would cost it at least US$150mln in claims based on an insured market loss of US$25bn...

on 10/02/2017

Hiscox says Harvey devastation will cost it US$150mln

Hiscox said its estimate was net and based on an insured market loss of US$25bn...

on 09/18/2017

First Worldpay, now Lloyd's of London insurer Novae falls to an opportunistic bid as weak pound entices Americans

AXIS Capital is shelling out 700p a share in cash for Novae Group PLC – a 29% premium to the average price over the last month....

on 07/06/2017