UK lockdown not covered by Hiscox business interruption policy
15th Apr 2020 14:56
(Sharecast News) - Insurer Hiscox said on Wednesday that its core policy wordings do not provide cover for business interruption due to measures taken by the UK government in response to a pandemic, and that its realistic disaster scenario estimates a net loss of $175m, mainly from event cancellation.
Read moreScrapped dividends near £20bn as Covid-19 hits payouts
8th Apr 2020 11:01
(Sharecast News) - With almost £20bn of dividends wiped out so far in 2020, boards are grappling with whether to make payouts to shareholders or conserve cash during the Covid-19 crisis.
Read moreHiscox cancels dividend, withdraws guidance due to Covid-19
8th Apr 2020 08:09
(Sharecast News) - Hiscox joined fellow insurers Aviva, RSA and Direct Line on Wednesday as it cancelled its final dividend due to the coronavirus outbreak.
Read moreWednesday broker round-up
4th Mar 2020 13:29
(Sharecast News) - CMC Markets: Peel Hunt upgrades to buy with a target price of 210p.
Read moreTuesday broker round-up
3rd Mar 2020 12:46
(Sharecast News) - Huntsworth: Liberum downgrades to hold with a target price of 108p.
Read moreRetail profits help Hiscox through another stormy year
2nd Mar 2020 07:21
(Sharecast News) - Hiscox reported an 8.1% rise in gross premiums written in constant currency in its full-year results on Monday, to $4.03bn (?3.14bn), despite disciplined action to reduce $200m in underperforming lines.
Read moreTuesday broker round-up
25th Feb 2020 13:15
(Sharecast News) - Redrow: Jefferies upgrades to buy with a target price of 981p.
Read moreTuesday broker round-up
26th Nov 2019 13:21
(Sharecast News) - Hiscox: HSBC upgrades to buy with a target price of 1,465p.
Read moreFriday broker round-up
8th Nov 2019 11:54
(Sharecast News) - Tate & Lyle: Kepler Cheuvreux upgrades to hold with a target price of 720p.
Read moreCanaccord ups Hiscox to 'buy', says reaction to update was 'overdone'
8th Nov 2019 10:29
(Sharecast News) - Analysts at Canaccord Genuity upped their rating on shares of insurance firm Hiscox from 'hold' to 'buy' on Friday, saying the share price reaction to the group's trading update earlier this week appeared to be overdone.
Read moreHiscox clarifies combined ratio guidance for retail unit
7th Nov 2019 14:50
(Sharecast News) - Hiscox released a statement on Thursday to clarify what it said in its third-quarter update earlier in the week about its medium-term combined ratio target.
Read moreThursday broker round-up
7th Nov 2019 13:28
(Sharecast News) - Associated British Foods: Goldman Sachs upgrades to buy with a target price of 2,750p.
Read moreWednesday broker round-up
16th Oct 2019 12:42
(Sharecast News) - Hammerson: RBC Capital Markets downgrades to sector performer with a target price of 290p.
Read moreMonday broker round-up
16th Sep 2019 12:59
(Sharecast News) - Schroders: Jefferies downgrades to hold with a target price of 3,100p.
Read moreBerenberg cuts price target on Hiscox
10th Sep 2019 11:28
(Sharecast News) - Berenberg cut the price target on shares of insurance provider Hiscox from 1,581p to 1,487p on Tuesday as it said the valuation is demanding given the mixed short-term picture, despite attractive longer-term prospects.
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