Hiscox returns to half-year profit

Robert Hiscox

In the six months to 30 June 2012 the insurer saw gross written premiums rise by 7% to £906.4m (H1 2011: £847.5m). The group's combined operating ratio improved substantially to 81.7% as opposed to the 116.9% delivered in the first half of last year.

However the high net worth specialist's UK division, saw profits tumble from £25.2m in the first half of 2011 to £15.8m this year. Gross written premiums were broadly flat at £184m (H1 2011: £182.9m) as the combined operating ratio deteriorated to

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 [email protected].

You are currently unable to copy this content. Please contact [email protected] 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

If you already have an account, please sign in here.

To continue reading...

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: