HCXLF Stock Recent News

Hiscox Ltd (LSE:HSX) numbers underlined the attractive conditions available in the reinsurance sub-sector, where management is leaning into decent margins by retaining more premiums on its balance sheet, says Panmure Liberum. “There is also a pickup in both top-line growth and margins across the Retail division as a refocus on the US partnerships and recent marketing spend starts to gain traction.

Hiscox Ltd has performed well on the back of favorable market conditions and takeover interest. High returns will not last forever, with increased competition potentially softening the market and impacting profitability. Hiscox's focus on premium retail and specialty markets offers some insulation, but risks from major catastrophe claims and claims inflation remain.

Lloyd's insurer Hiscox Ltd (LSE:HSX) has paid tribute to its chair Jonathan Bloomer after it was confirmed that he and his wife Judy died in the Bayesian yacht disaster. Aki Hussain, Hiscox chief executive said: “We are deeply shocked and saddened by Jonathan and Judy's tragic deaths.

Hiscox Ltd (HCXLF) Q2 2024 Earnings Call Transcript

Hiscox Ltd (LSE:HSX) has had its price target cut by analysts at Canadian bank RBC, who said there were some concerns in the insurer's interms yesterday. Notably, these were weakening growth momentum in the second quarter and an ambiguous outlook for Retail “Absent an improvement in growth or ROE [return on equity] in the near term, we think there's potential to weigh sentiment down more heavily.

Start Time: 04:00 January 1, 0000 5:02 AM ET Hiscox Ltd (OTC:HCXLF) Q3 2023 Earnings Conference Call November 08, 2023, 04:00 AM ET Company Participants Paul Cooper - Group CFO Conference Call Participants Will Hardcastle - UBS Andrew Ritchie - Autonomous Kamran Hossain - JPMorgan Freya Kong - Bank of America Andreas Van Embden - Peel Hunt Tryf Spyrou - Berenberg Faizan Lakhani - HSBC Nick Johnson - Numis Anthony Yang - Goldman Sachs Darius Satkauskas - KBW Operator Ladies and gentlemen, welcome to the Hiscox Q3 IMS Conference Call. I'm Sasha, the Chorus Call operator.

Hiscox Ltd (OTC:HCXLF) Q2 2023 Earnings Conference Call August 9, 2023 5:30 AM ET Company Participants Hamayou Hussain - Group CEO Jo Musselle - Group Chief Underwriting Officer Paul Cooper - Group CFO Conference Call Participants Freya Kong - Bank of America Merrill Lynch Abid Hussain - Panmure Gordon Andrew Ritchie - Autonomous Will Hardcastle - UBS James Pearse - Jefferies Andreas de Groot van Embden - Peel Hunt Tryf Spyrou - Berenberg Kamran Hossain - JPMorgan Nick Johnson - Numis Securities Ivan Bokhmat - Barclays Hamayou Hussain Okay. Good morning, everyone.

Hiscox profits rebounded strongly as the insurer took full advantage of what it said were some of the “best market conditions in over a decade” in reinsurance. Substantial premium increases were pushed through due to this ‘hard market' with insurance tough to get and all three divisions saw strong growth and earnings, the FTSE 100 group said, with its London-market businesses growing again.

Hiscox Ltd (OTC:HCXLF) Q4 2022 Earnings Conference Call March 8, 2023 5:00 AM ET Company Participants Robert Childs - Non Executive Chairman Paul Cooper - Group Chief Financial Officer Jon Dye - Chief Executive Officer, Hiscox UK Stéphane Flaquet - Group Chief Operations and Technology Officer Nicola Grant - Group Chief HR Officer Joanne Musselle - Group Chief Underwriting Officer Aki Hussain - Group Chief Executive Officer Conference Call Participants William Hardcastle - UBS Andrew Ritchie - Autonomous Kamran Hossain - JPMorgan Andreas van Embden - Peel Hunt Ivan Bokhmat - Barclays Faizan Lakhani - HSBC Darius Satkauskas - KBW Freya Kong - Bank of America Derald Goh - RBC Robert Childs Good morning. Very nice to see you all, particularly with a number of announcements out this morning.

Hiscox Ltd (LSE:HSX) has reported slump in its full-year profits, dented by hefty losses in its investment portfolio due to market volatility, though, on the plus-side, higher premium rates helped the Lloyd's of London insurer generate its strongest underwriting profit in seven years. The company, which underwrites a range of risks, including for fine art, vintage cars, kidnap and ransom, recorded an investment loss of $187.3mln in 2022, versus a profit of $51.2mln last year.