Hiscox posts rising GWP but falling profit for H1 2017
Provider's COR also deteriorated in the first half of the year.
Hiscox UK and Ireland has grown its gross written premium (GWP) by 13.9% to £278.4m, according to its financial results for the first half of 2017.
This is compared to the £244.4m GWP it posted for the same time period last year.
The insurer noted in the results that schemes and specialty commercial were “particularly strong performers” in the broker channel.
UK and Europe
However, the insurer stated that profit before tax in the UK and Europe was down slightly in the first half of 2017 to
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