Hiscox shares down 9% as Covid drives FY group loss of $269mn
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Hiscox shares down 9% as Covid drives FY group loss of $269mn

Samuel Casey
03 March 2021
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Hiscox reported a pre-tax loss of $268.5mn following claims relating to the pandemic, which the carrier continues to estimate at $475mn.

Losses – which were in line with forecasts – were driven by the retail division, which reported a loss of $237.6mn

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Samuel Casey
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