Hiscox posts UK commercial growth for 2022


Hiscox has reported $778m (£657.8m) of gross written premium in the UK for 2022, as the wider group delivered its best underwriting performance since 2015.

Stripping out changes in the exchange rate UK GWP was up 2.8% on a constant currency basis.

However, the impact of rate movements with the pound falling against the dollar meant year-on-year the total was down 6.4% from $831.1m in 2021.

Hiscox UK provides commercial insurance for SMES, as well as personal lines cover, including high-value household, fine art and luxury motor.

Commercial lines grew while personal lines GWP fell.


Commercial business was up 8.5% on the constant

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk.

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options


Sign up and gain access to five complimentary news articles every month.

Already have an account? Sign in here

This address will be used to create your account

Broking profits fall at Saga

Underlying profit before tax in Saga’s insurance broking arm fell to £39.8m for the year ended 31 January 2024, compared with £71.5m in the previous period.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: