Hiscox reports operating profit
Hiscox reported an operating profit of £86.3m for 2004, despite the £70m impact of last year's hurri...
Hiscox reported an operating profit of £86.3m for 2004, despite the £70m impact of last year's hurricane season. The group's pre-tax profit and premium income both fell to £77m (2003: £83.4m) and £1051.1m (2003: £1,083.2m) respectively. Hiscox said the London Market business increased operating profit to £63.5m (2003: £61.5m) with a combined ratio of 92.9% (2003: 85.8%). Hiscox's UK retail increased operating profit to £18.8m (2003: £15m) with a combined ratio of 89.8% (2003: 90.3%).
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 print this content. Please contact info@insuranceage.co.uk to find out more.
You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email info@insuranceage.co.uk
Most read
- Covéa cuts losses but underwriting deficit grows
- In Depth: Managing cyber risk in an ever-changing security landscape
- JMG strikes its biggest deal of 2024 with BQI swoop