Hiscox posts 8% half-year profit rise
GWP up 12% to over £1bn.
Hiscox has announced pre-tax profits of £135.1m for the first six months of 2015.
The 8% rise from £124.6m in the same period last year came as gross written premiums hit £1.1bn (H1 2014: £978.9m).
According to the provider, the Hiscox Retail division - which includes the UK - had a record six months with profit of £59.3m (H1 2014: £37.4m).
COR
The insurer's group combined operating ratio drifted to 82.5% from 82% in the previous comparable period.
Hiscox also confirmed an increase in reserve
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