Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Hiscox Ltd LSE:HSX London Ordinary Share BMG4593F1389 ORD 6.5P (DI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.50 0.05% 1,108.50 1,109.00 1,110.00 1,113.50 1,093.00 1,108.50 994,630 16:29:57
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Nonlife Insurance 4,030.7 53.1 17.2 64.4 3,839

Hiscox Share Discussion Threads

Showing 326 to 349 of 350 messages
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
DateSubjectAuthorDiscuss
10/11/2020
16:13
MoreEarl. Looks like the market agrees with you although everything is crazy at the moment in a good way at a stock level.
our haven
09/11/2020
13:27
RSa getting bought - looks like its up on M&A speculation. Looks cheap against book value, fair value for a high growth, high margin specialist should be 2 times book. That's about £12.5 ish per share. So plenty of upside here
moreearl
29/9/2020
16:13
Think it's quite easy to read between the lines there ).
essentialinvestor
29/9/2020
07:53
I see that Hiscox are keeping all options open on the test case by seeking leave to appeal.Sensible approach although market was happy with the courts decision.
our haven
15/9/2020
16:20
Obviously a bad result in court, sure it is embarrassing to their good word to find out that they wrongly denied coverage to tens of thousands of customers at a cost of £100m. But not the £400m car crash the market was expecting so this stock is back in business - with the capital raising already completed, this £100m is a nasty p&l loss but not a balance sheet event, which means this is already old news and the market can get back to pricing them in for growth in a hard market, with added risk of takeover sub £10. I can’t see hiscox would want to drag their reputation through the mud any further by appealing. Just pay up and move on. Like that they sneaked a little trading update in to the announcement. 19% premium growth in a hard market in lockdown is obviously what the market wants to hear. Just the pesky matter of the hurricane season to worry about now.
squeamish1
15/9/2020
12:53
The market had factored in worse hence the reaction. You only need one house so short and it goes your way you will have two which is of limited use, but if it does not work then you are stuffed.
our haven
15/9/2020
11:08
Bizzare TBH. If I had access to relevant platforms I’d short it now but therein lies the path to losing ones house. ;)
danielinnes74
15/9/2020
11:07
Out at 8.94.
essentialinvestor
15/9/2020
11:05
More than like it!
our haven
15/9/2020
11:03
Seems the market likes it though!
danielinnes74
15/9/2020
10:45
That’s bullish. Just wondering about the cost for actually handling all these claims over coming months if they lose at appeal.
danielinnes74
15/9/2020
10:38
* RNS. Had a few.
essentialinvestor
15/9/2020
10:36
What the hell is going on. Must be something buried in the judgement. Very odd
danielinnes74
15/9/2020
10:19
Spoke to soon!
danielinnes74
15/9/2020
10:16
Share price holding up well despite the early analysis of the judgment. Guessing downside was built in?
danielinnes74
04/9/2020
13:11
Pretty brutal few weeks for Hiscox. If the court case goes against them I can imagine the price moving to the 500s before a rebound. Little chance of catching the bottom but would be tempted in the low 600's pence area.
goliard
03/8/2020
14:23
Whilst I agree with the damage to the brand...and don't forget virtually every other major insurer is involved here QBE etc, they will all suffer if the courts find against them. The reality is though that there will be a shortage of capacity and where insurance is brokered Hiscox will pick up more or less the same business as always, the reason being there won't be many carriers in the market. So I think there will be little or no collateral damage as there are few alternatives in the lines troubled by the case, and most of those insurers are co-defendents here.
paddyfool
03/8/2020
07:38
Whilst I accept that people have short memories do not underestimate the brand damage that the FCA case will have if Hiscox are ‘found wanting’. This company’s ethos was all about paying claims fairly. Hard to come back from that if the court dont think They are in this case.
danielinnes74
03/8/2020
07:33
if they lose the case its highly likely the reinsurers will pick up the bill, so as I'm already invested its a mute point. That said in two years time I expect the price to be way ahead of here. Not one to trade unless you are investing on the outcome of the court case. I agree that either way the case goes there will be near term volatility.
paddyfool
03/8/2020
07:19
Good analysis Paddyfool but I think the FCA case will be another blow and the time to buy may be after another drop.
goliard
03/8/2020
07:13
Well the key element to the results is the news on rates. The insurance market is entering a hard phase. A hard market is where the insurers do not have enough capacity, and therefore risk is priced at a higher rate. All things being equal when the market is hard its a great time to invest in insurance stocks. What normally happens is that the insurers will show great results and return on capital for a few years. Then more capital will enter the market and the rates will reduce. Eventually some horrible catastrophe or set of catastrophes occur, perversely when rates and profitably are already quite low. Vast amounts of capital leaves/is taken from insurers and we are then back to a hard market. Its a cycle which has repeated more or less since Insurance was conceived. So with all that said and Covid likely to produce the single largest catastrophic loss ever, and then by some considerable distance, we are potentially heading for the hardest market of all time. Thats my opinion and I'm happy to invest on that basis. door etc..
paddyfool
03/8/2020
06:21
Interim results are strong should please the market IMO.
our haven
30/7/2020
06:47
Really interesting company to follow at the moment. The COVID FCA court case is being live streamed and many of the papers are available for download. If I were a hedge fund I would have a couple of top barristers looking at this and watching proceedings. You can tell a lot from the questions asked by the judges. Having said that I have been in a couple of High Court cases where the case seemed to be going only one way but the judgment went the other way - so it's not risk free. Personally I think we will see a somewhat mixed result. Some of Hiscox arguments simply don't make sense but the FCA has taken such a broad approach that they can't possibly win on everything- but that might well be the point of their case - throw in everything and see what sticks.
goliard
22/7/2020
08:28
does anyone know what reinsurance cover Hiscox has? This is the very big question. They will have reinsurance cover but...If they have reinsurance which covers pandemics then this whole shebang is more or less irrelevant to value. If it doesn't then the losses are all ultimately held by Hiscox, which would be a very serious hit to their capital base even including the raising they have just had.
paddyfool
Chat Pages: 14  13  12  11  10  9  8  7  6  5  4  3  Older
ADVFN Advertorial
Your Recent History
LSE
HSX
Hiscox
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20201125 05:44:46