Hardy H1 results keenly anticipated as capital questions loom
Lloyd's (re)insurer Hardy is likely to come under intense scrutiny when it releases its half-year results before markets open tomorrow (25 August).
The firm's share price has been hit by the spate of international cat losses this year and by analyst suggestions that these might have carried Hardy to a capital shortfall.
Following a sharp drop in its share price Hardy's stock is now trading 33 percent below the third and final 350p offer that its board rejected from Beazley...
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