Hiscox Share Discussion Threads

[bulltradept] 09/8/2023 11:43

Market rewards it with a 8% fall.

[deadly] 09/8/2023 07:36

Decent results

[volsung] 27/6/2023 06:53

Hiscox?
Has he more than one??

[km18] 09/8/2022 13:37

Hiscox posted Interims last week. Gross premiums written increased by 9.2% to $2,649.8 million. Premium growth and portfolio adjustments lead to a strong underwriting result of $123.2 million (H1 2021: $99.8 million), up 23.4% on the prior period. The ultimate Group loss from all risks in Ukraine and Russia, including aviation, is $48 million net of reinsurance. The Group remains conservatively reserved with an 11.0% margin above actuarial best estimate and is strongly capitalised with BSCR of 200%. Investment performance was weak due to market conditions with a loss of $214.1m in the HY period. Valuation is average, the share price lacks momentum. HSX is a solid mid-cap insurance name and certainly worth monitoring, but there is no compelling rush to buy....

...from WealthOracle

[jmountain] 07/8/2022 16:44

HSX doesn't seem to have taken the hit that other insurers are taking. Further to fall?

[bulltradept] 03/8/2022 07:21

Thoughts on these results anyone?

[beeks of arabia] 22/11/2021 20:43

hTtps://www.itnews.com.au/news/insurers-run-from-ransomware-cover-as-losses-mount-572963Interesting read

[essentialinvestor] 28/9/2021 10:24

Sentiment looks strongly against the sector currently, look at the LRE share price.
I sold out of BEZ last week but will review on their early November update.
BEZ looks particularly interesting in cyber, IF their recent better claims experience
continues, however no recent BOD buying there.


ec,
thanks again for the info, much appreciated.

[medieval blacksmith] 27/9/2021 13:24

Yes, thanks Effortless. Very helpful. :)

[essentialinvestor] 26/9/2021 12:49

Very useful, thanks for highlighting.

[effortless cool] 24/9/2021 09:05

An interesting article in "The Insurer" today, regarding Hiscox's exposure to possible non-payment of COVID loss recoveries by reinsurers.

[essentialinvestor] 04/7/2021 18:57

US companies hit by colossal ransomware attack..

[essentialinvestor] 01/7/2021 13:17

Added, small amount.

[essentialinvestor] 30/6/2021 12:32

Wild fires and extreme temperatures causing havoc in the US and in to Canada.

[linton5] 28/6/2021 15:06

Breakout on the 2year down trend line

[essentialinvestor] 28/6/2021 14:57

Lovely )).

[chris79] 28/6/2021 12:11

Why are they keeping the figure secret? Surely it is strange for such a (hopefully) one off given it is a public company. It can surely only leak anyway to certain people.

[linton5] 28/6/2021 11:42

Arbitration settlement with the hiscox action group relating to business loss due to COVID, 🦋

[essentialinvestor] 20/6/2021 14:01

Bought a few before Friday's close.

Chairman plus a non exec have bought shares recently in the open market.

[spooky] 16/6/2021 15:19

Opened a long position today.

[spooky] 11/6/2021 09:33

Cyber activity should be regarded as a market opportunity rather than a problem. Their whole business involves the assessment of risk and pricing it correctly when they decide to accept it. Yes by all means they can temporarily get something wrong but that is the business they are in.