Fitch has raised its ratings on Hiscox's core operating companies by one notch to A+ in respect of the multi-platform (re)insurer's capital strength.
Hiscox's UK, Guernsey and Bermudian businesses all had their financial strength ratings upgraded from A to A+.
The outlook on the revised ratings is stable.
Hiscox Syndicate 33 is not rated by Fitch, but It does hold an A rating from AM Best and benefits from the A+ rating that Lloyd's holds with Fitch.
"The upgrades reflect...
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