Hiscox confirm another record year in results

Overview

Gross written premiums £1,198.9m (2007) £1,126.2m (2006) Net earned premiums £965.2m (2007) £888.8m )2006) Profit before tax £237.2m (2007) £201.1m (2006) Earnings per share 48.4p (2007) 41.7p (2006) Total dividend per share for year 12.0p (2007) 10.0p (2006) Net asset value per share 209.5p (2007) 173.2p (2006) Group combined ratio 84.4% (2007) 89.1% (2006) Return on equity 28.8% (2007) 28.9% (2006)

Operational highlights

Excellent year for Hiscox Global Markets – profits increased