Hiscox Ltd full year results

Highlights

 Strong premium growth of 10.7% from across the Group, with retail businesses now generating 50% of income.

 Each division delivered good profits through careful risk selection, growth in profitable niches and an absence of natural catastrophes.

 Investment in the Hiscox brand continues to deliver, with retail customers now exceeding 600,000.

 Hiscox London Market continues to grow profitably, benefiting from new teams in complementary specialty lines.

 Hiscox Re performing well with Kiskadee Investment Managers’ AUM on track to reach US$1 billion in 2016 after its second year of operation.

 A second interim dividend of 32.0p per share comprised of a special dividend of 16.0p and a final dividend equivalent of 16.0p, bringing the year’s total distribution to 40.0p. Going forward the Group will retain a greater proportion of earnings to fund the growth opportunities we see.

Bronek Masojada, Chief Executive of Hiscox Ltd, commented:

„Our strategy continues to deliver good growth with our retail businesses contributing 50% of income. We have established profitable operations in everything from direct-to-consumer small business insurance to ILS fund management. This diversity sets us apart and gives us options.“

Weiterführende Links

• Originalmeldung von Hiscox Europe Underwriting Limited
• Alle Meldungen von Hiscox Europe Underwriting Limited