Hiscox Share Discussion Threads

[our haven] 09/4/2020 18:40

They have many different margins on the segments they focus on. L&G is much thinner. The investment portfolio's securing their liabilities are markedly different.Hiscox is more exposed to the America's and the US dollar.Hiscox have no exposure to asset management for revenue. The list actually goes on but these are just a few examples.

[itsnotmeitsy0u] 09/4/2020 14:40

not too sure if i agree. explain.

[our haven] 09/4/2020 12:11

Itsnotmeitisyou. You are trying to measure two companies in very different markets.

[itsnotmeitsy0u] 09/4/2020 10:20

beggers belief that this dog is up whilst LGEN, a far superior choice is down

[our haven] 08/4/2020 08:45

Sensible update in relation to the dividend suspension. All looks good on trading but nobody knows how long the crisis will go on so makes sense to preserve capital.

[oldvic] 31/3/2020 08:55

slightly of topic but

my accountant has asked me to find a brocker that includes in their reports suite the ability to
include a calculation of capital gain or loss on each share transaction
help !
any body

[our haven] 19/3/2020 22:17

Hiscox's holds a large fixed interest portfolio to cover liabilities and provide reserves. This will have been helped today by the rate cut adding to the great performance on this day.Hope that you are all okay in this climate.

[our haven] 19/3/2020 22:10

Some pubs will not. Just depends how long this all goes on for. Business rates relief will be a big help to the sector.

[our haven] 19/3/2020 22:06

Hi Bulltradept I sold out of most of my shares in two trances a couple of weeks back going to a cash position of 95%. I did keep a small amount of Hiscox along with a handful of others. The way the market was going I thought time to be out,I will buy my way back in much more gradually on the way back in, undoubtably missing some of the upside but I have missed a lot of the downside by my sell off.

[bulltradept] 19/3/2020 09:23

Apologies they do serve good beer, but will they survive through the current lockdown?

[bulltradept] 19/3/2020 09:04

Fair enough. Getting back to HSX, what can one say? I hope you are holding up well in this market?

[our haven] 05/3/2020 17:47

Sorry no knowledge of that bulltradept. The only thing I know about the Queens Hotel is the quality of their beer which is excellent.

[bulltradept] 04/3/2020 11:55

Ah. I have heard on the grapevine that there is an investment club meeting at the Queen's hotel once a month.

Can you shed any light on that at all please?

[our haven] 02/3/2020 12:26

You are the first I have ever heard of as well.

[bulltradept] 02/3/2020 07:57

I didn't think there were too many of us down here.. ;-)

[our haven] 02/3/2020 07:46

Yes it is bulltradept.The results look good given the third year of storms.

[bulltradept] 02/3/2020 07:25

Our haven is that a reference to a southern naval town?

[our haven] 26/11/2019 17:42

Upturn looks great, ahead of expectations. Looks like it has broken out!

[essentialinvestor] 14/11/2019 17:48

Would not dispute this is a quality company.
Good fortune with your holding.

[plootocrat] 14/11/2019 17:44

Thanks EI, I had missed that.

[essentialinvestor] 14/11/2019 17:36

Ploot, there were two transactions I noticed, one from their Underwriting officer
and a second from their head of underwriting - the later is retiring to be
fair and holds a lot of shares.

[plootocrat] 14/11/2019 17:27

Essential Investor - thanks for your responses to my post yesterday. One point of information and a couple of opinions for your consideration:

The combined total of shares bought on Monday by various directors was 31,500 which clearly is greater than the 27,124 sold by Paul Lawrence in September, not fewer as you stated in your post 49. However, I don't wish to appear pedantic and I accept that it is unwelcome when a senior manager in Paul Lawrence's position sells such a significant volume of shares.

I too used to work in insurance (for the avoidance of doubt, I did not work for Hiscox) and Hiscox are the only general insurer in my investment portfolio and have been so for a number of years. I cannot agree with your suggestion that Mr Lawrence, as Chief Underwriting Officer of the London Market and Lloyds Syndicate Division (Richard Watson is CUO at the Group level), has greater insight or knowledge of the likely future fortunes of this business than the CFO, Robert Childs or Bronek Masojada.

Mr Masojada is, IMHO, one of the brightest people working in the insurance market and has, as far as I am aware, always been very straightforward in providing information to shareholders even when it is news he knows they may not want to hear, as you will know these qualities are all too rare.

[volsung] 14/11/2019 13:58

His cox! Ha Ha Dat is funny name. I laughing

[essentialinvestor] 13/11/2019 16:17

Yes, but yet that combined total is Less than the shares sold over the summer
by their Underwriting Office - and having worked in insurance know
which I would pay attention to.