Thursday broker round-up
6th May 2021 13:43
(Sharecast News) - National Grid: Berenberg upgrades to buy with a target price of 1,100p.
Read moreHiscox Q1 premiums rise, hails strong start to year
5th May 2021 07:31
(Sharecast News) - Specialist insurer Hiscox reported a rise in first-quarter gross written premiums on Wednesday, as growth in its London market, Europe and direct and partnerships business offset planned reductions in the US broker channel.
Read moreBofA initiates coverage of London Market insurers, Lancashire named 'top pick'
26th Apr 2021 13:53
(Sharecast News) - Bank of America has initiated coverage of London Market insurers, naming Lancashire its top pick with a 'buy' recommendation.
Read moreMonday broker round-up
26th Apr 2021 12:40
(Sharecast News) - Pearson: Bank of America reiterates buy with a target price of 895p.
Read moreLondon midday: Travel stocks in the lead ahead of busy week for data, earnings
26th Apr 2021 11:49
(Sharecast News) - Stocks have turned around to trade higher after the head of the European Commission signaled that the European Union may open its borders to non-essential travel from the US by summer.
Read moreHiscox swings to loss on higher Covid claims
3rd Mar 2021 07:04
(Sharecast News) - Insurer Hiscox swung to a full-year loss driven by the impact of the Covid-19 pandemic and pulled its final dividend as it was hit by higher business claims after losing a court case over policy wordings last in January.
Read moreSunday newspaper round-up: Tax rises, Vaccines, EasyJet
28th Feb 2021 20:10
(Sharecast News) - Rishi Sunak laid the ground for tax rises today as he said it was time to "level with people" about the problems facing the economy. The chancellor confirmed he will extend coronavirus support in Wednesday's budget but warned that the pandemic had an "enormous hold" on the economy. Speaking on Sky's Sophy Ridge on Sunday he said: "We do have a challenge in our public finances and if we don't do anything, borrowing will continue to be at very high levels - even after we've recovered from Covid, debt will continue to rise indefinitely and that's not a good situation." - Sunday Times
Read moreMonday broker round-up
16th Nov 2020 14:07
(Sharecast News) - Informa: Berenberg downgrades hold with a target price of 610p.
Read moreSunday share tips: Hiscox, Morgan Sindall
8th Nov 2020 19:06
(Sharecast News) - The Mail on Sunday's Midas column thinks investors should 'buy' Hiscox stock.
Read moreHiscox premiums nudge up, sets aside $75m for Q3 catastrophe claims
2nd Nov 2020 07:42
(Sharecast News) - Hiscox said on Monday that gross written premiums nudged up in the nine months to the end of September as customer numbers grew, and the insurer has put aside $75m for third-quarter catastrophe claims.
Read moreTuesday newspaper round-up: Covid-19 claims, company failures, Google
30th Sep 2020 08:16
(Sharecast News) - Insurers risk sending struggling companies to the wall if they appeal against a High Court ruling on Covid-19 claims, the industry has been warned. Businesses were told yesterday that they may have to wait until next year for a verdict on claims on business interruption policies because insurers were considering an appeal against this month's test case judgment. The latest development potentially shatters hopes that businesses would receive swift payouts. - The Times
Read moreFCA wants deal on business insurance claims by Wednesday
29th Sep 2020 07:39
(Sharecast News) - The Financial Conduct Authority said it had filed an appeal in a test case on business interruption claims related to the Covid-19 pandemic in case insurers failed to reach a deal on payouts to policyholders by Wednesday.
Read moreMonday broker round-up
28th Sep 2020 13:48
(Sharecast News) - William Hill: RBC Capital Markets downgrades to sector perform with a target price of 300.0p.
Read moreFCA to ban 'loyalty penalty' for insurance customers
22nd Sep 2020 09:14
(Sharecast News) - UK insurance companies will be forced to stop ripping off loyal customers and offer premiums at the same rate as new clients under changes proposed by the regulator.
Read morePolicyholders claim partial victory in Covid-19 business interruption test case
15th Sep 2020 13:26
(Sharecast News) - The Financial Conduct Authority has claimed a partial victory in a closely-watched test case concerning business interruption payouts during the Covid-19 pandemic.
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