Hiscox US retail appetite changes welcome but will slow recovery: analysts
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Hiscox US retail appetite changes welcome but will slow recovery: analysts

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Hiscox’s decision to adjust its exposure in US casualty retail classes has been welcomed by analysts, who nevertheless warned that it will slow the carrier’s recovery.

The carrier’s shares fell sharply this morning after full-year results which, while broadly in line with expectations, pointed to a slower-than-forecast upturn at its dominant retail unit.

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