S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%S&P 500 5,235.18 +1.02%EUR/USD 1.0840 +0.21%GBP/USD 1.2710 +0.14%USD/JPY 149.50 −0.18%BRENT $82.40 −0.81%BTC $67,800 −0.21%GOLD $2,341 +0.55%NASDAQ 16,420.55 +0.74%
A daily business newspaper · Founded in 2026

Money Talk

Finance and markets: business, quotes, gold, energy and releases.

Hiscox Shares Rally on Robust Premium Growth

A 9.5% surge in insurance contract written premiums through September has propelled Hiscox to the top of the FTSE 100. Shares climbed 2.8% to 1,935 pence in early trade, reflecting a 42% valuation gain over the past year as the insurer’s retail momentum continues to defy market expectations.

Hiscox Shares Rally on Robust Premium Growth

The company reported total premiums reaching $4.44 billion for the first nine months of the year. This expansion was anchored by the retail division, which saw premiums climb 9.1% to $2.25 billion on a constant currency basis. The London Market segment followed a similar trajectory, recording a 9.9% increase to $1.05 billion, while the U.S. division expanded by 8.4% to $791.6 million, bolstered by improved performance in digital and broker channels.

RBC Capital Markets analysts attribute this trajectory to multiyear investments in product development and distribution networks. While the firm eyes double-digit growth by 2028, observers remain focused on whether this pace can hold through 2027. Beyond top-line growth, RBC expects cost-saving measures to bolster future capital returns for shareholders.

Share article
TelegramXFacebook

When reusing this material a link to Money Talk is required.

Comments (0)

Leave a comment

No comments yet. Be the first!