HISCOX LTD. (LON:HSX)

Financial

Founded in 1901, Hiscox Ltd. is a Bermuda-based insurance group that offers everything from small business and home insurance to reinsurance and insurance- linked securities to its clients in Bermuda, the US, the UK, Guernsey, Europe, and Asia. It has four segments: Hiscox Retail, Hiscox London Market, Hiscox Re and Corporate Centre. Its shares are publicly traded on the London Stock Exchange and has a strong team of 3,000 employees and operates through 35 offices across 14 countries.

The group’s profile uniquely balanced between volatile and less volatile business, which gives it a strong balance sheet, positive growth, and balance diversification. 

The group follows strong underwriting discipline, actively manages its each segment, adopted diversified strategy, and maintains a strong capital management and balance sheet, which lead to lower risk profile for the group.

 

The group is divided into two segments: Big-ticket business and Retail business. The Big-Ticket businesses are the largest premium and highly volatile, globally traded that the company underwrite mainly through Hiscox London Market and Hiscox RE. The Hiscox London Market provides casualty, property, marine and energy, specialty and crisis management insurance. Whereas the Hiscox Re provides insurance for property reinsurance and retrocession, specialty, marine and insurance–linked strategies.

The Hiscox Retail is a smaller premium, less risky and locally traded business and reaches clients directly or through a broker. Hiscox Retail grows between 5-15% per annum and it is attractive for customer as it pays regular dividends. It constantly invests in brand building to strengthen market position. The Hiscox Retail segment is further divided into Hiscox USA, Hiscox UK, Hiscox Europe and DirectAsia. The Hiscox Retail provides insurance related to home, travel, motor, fine arts and collections, private client, kidnap & ransom.

Contact Information

company address Hiscox Ltd Chesney House 96 Pitts Bay Road Pembroke HM 08 Bermuda

company phone+1.441.2788300

company websitehttps://www.hiscoxgroup.com/

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