Hiscox Share Discussion Threads

[windsor430] 14/4/2020 20:48

Great PR effort by the claimant - but all insurers will have force majeure policies & their own cover + regulatory & Gov bodies dictating what happens. If the claims either don’t hold up or it’s a boisterous monitory, this 20% share price drop will look massively overdone with hindsight.

[danielinnes74] 14/4/2020 17:12

They are some serious problems here. Hiscox have an ‘ambiguousR17; wording in my opinion (compared to much tighter wordings elsewhere in the market) and that’s why why they have been in the weekends press. Troubled waters here I suspect

[essentialinvestor] 14/4/2020 14:50

Hiscox are more specialist is my understanding. Have these on a long term
watch list.

[effortless cool] 14/4/2020 14:40

No, but their policy wording is.

[beeks of arabia] 14/4/2020 14:23

Interesting times!

Is Hiscox' stance on this different to others in the industry?

[essentialinvestor] 14/4/2020 14:22

That's a very big call imv.

[effortless cool] 14/4/2020 14:15

In my view, it has the potential to bankrupt them.

[essentialinvestor] 14/4/2020 14:07

Not sure it's dangerous?, However potentially costly?...

[effortless cool] 14/4/2020 08:44

HSX in a very dangerous situation, I think.

[our haven] 09/4/2020 17:42

L&G could be a better choice, only time will tell but Hiscox is not a dog.

[our haven] 09/4/2020 17:40

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 13:40

not too sure if i agree. explain.

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

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

[itsnotmeitsy0u] 09/4/2020 09:20

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

[our haven] 08/4/2020 07:45

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 07:55

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?