Hiscox considering capital raise
29th Apr 2020 08:01
(Sharecast News) - Hiscox said on Wednesday that it is "evaluating possible sources of capital" which could include raising new equity, amid expectations that rates in the US wholesale and reinsurance market will rise due to the coronavirus pandemic.
Read moreTuesday broker round-up
28th Apr 2020 14:21
(Sharecast News) - Sainsbury: Berenberg downgrades to sell with a target price of 170p.
Read moreHiscox sees potential ?175m in Covid payouts as legal threat looms
22nd Apr 2020 07:12
(Sharecast News) - Hiscox said it could pay out $175m in coronavirus-related claims if lockdowns and travel bans were extended beyond six months as it faced a potential class action from angry business customers over rejected applications.
Read moreUK 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.
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