Lloyd's of London bounces back after disasters of 2017
21st Sep 2018 08:04
(Sharecast News) - Lloyd's of London returned to profit in the first half of 2018 as the insurance market recovered from a series of catastrophes that hit its members in late 2017.
Read moreFriday broker round-up
31st Aug 2018 13:21
(Sharecast News) - Admiral: Peel Hunt downgrades to hold with a target price of 1,085p.
Read moreTuesday broker round-up
28th Aug 2018 13:05
(Sharecast News) - John Laing Group: RBC Capital Markets downgrades to sector perform with a target price of 330p.
Read moreHiscox beats forecasts for first half profits
30th Jul 2018 08:27
(Sharecast News) - Hiscox beat analysts' forecasts for the first six months of the year, posting a double-digit increase in profits while telling shareholders that the field was wide open to continue growing its Retail arm.
Read moreFTSE 250 movers: Beazley comes out on top; miners fall
3rd Feb 2017 14:38
(ShareCast News) - The FTSE 250 index rose 0.89% to 18,421.49 at 1609 GMT on Friday. Insurer Beazley was in the green as it reported a 3% jump in full-year profit as premiums written increased and the company lifted its dividend. In the year to the end of December, pre-tax profit rose to $293.2m fro
Read moreFTSE 250 movers: JLT and Tullett jag lower, Evraz rides steel spike
8th Nov 2016 12:11
(ShareCast News) - The FTSE 250 was led moderately lower on Tuesday as most markets moved skittishly sideways ahead of a US election that is seen as having potentially widespread implications for the global economy. The expected boost to volatility from global markets was behind a rise of interde
Read moreWeak sterling boosts the numbers at Hiscox
7th Nov 2016 07:47
(ShareCast News) - International specialist insurer Hiscox issued its interim management statement for the first nine months of the year to 30 September on Monday. The FTSE 250 firm said gross written premiums grew by 14.3% in local currency to £1.86bn, from £1.54bn in the same period last year. It
Read moreHiscox earnings soar thanks to currency gains and robust retail
25th Jul 2016 07:59
(ShareCast News) - Insurer Hiscox increased gross written premiums and enjoyed surging profits and earnings thanks to sizeable currency gains. The FTSE 250 group lifted gross premiums written rose 17.5% to £1,288.5m as its Lloyd's of London and re-insurance arms maintained discipline in tough market
Read moreCommercial insurers face more claims, slimmer margins from August - Fitch
14th Jun 2016 09:34
(ShareCast News) - Insurers are likely to face more more claims, more intense price competition and slimmer margins, Fitch Ratings said, due to changes to UK laws on disputing commercial insurance claims and timing of payments due to come into force in August and next year. Coming into force on 12 A
Read moreHiscox makes 'good start' to year
10th May 2016 08:15
(ShareCast News) - Specialist insurer Hiscox increased its gross written premiums by 10% in local currency to £640.5m in its first quarter, it reported on Tuesday. The FTSE 250 firm said the strong performance came from almost all market segments, with the business continuing "to benefit from a long
Read morePrudential's Aki to become Hiscox finance chief
22nd Apr 2016 07:38
(ShareCast News) - Hiscox revealed its next group chief financial officer on Friday, announcing Hamayou Akbar Hussain - known to many as Aki - will join the insurer later this year. Hussain is joining the FTSE 250 firm from Prudential, where he spent seven years - most recently as chief financial of
Read moreHiscox sells Hong Kong business to Well Link
10th Mar 2016 08:33
(ShareCast News) - Insurer Hiscox has agreed to sell the Hong Kong division of its Asian business for an undisclosed fee. The deal with Well Link Group will see the FTSE 250 group focus its DirectAsia business on Singapore and Thailand. Established in 2012 and serving 29,000 customers via a dire
Read moreTuesday broker round-up
1st Mar 2016 15:11
(ShareCast News) - Rightmove: Canaccord downgrades to hold with a target price of 4100p and Deutsche Bank reiterates hold with a target price of 3200p. IAG: HSBC reiterates hold with a target price of 620p and Investec maintains buy, 740p target. Rio Tinto: RBC upgrades to sector perform with a tar
Read moreFTSE 250 movers: Ocado, Ultra and Hiscox weigh on index
29th Feb 2016 14:29
(ShareCast News) - The FTSE 250 crawled back towards parity by mid-afternoon on Monday after an early morning dip, but the index remained doggedly on the wrong side of the line. Shares in Vedanta Resources led the recovery over the day, climbing on news that India will shelve export taxes on low-gra
Read moreFocus on retail, lack of disasters a good mix for Hiscox
29th Feb 2016 08:57
(ShareCast News) - A focus on the retail market, and a lack of major disasters during the year made for some solid preliminary results for 2015 at Hiscox on Monday. During the calendar year, the FTSE 250 insurer wrote gross premiums of £1.94bn, up 10.7% from £1.76bn in 2014. Net premiums earned incr
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