Hiscox reports 6.3% GWP growth in Q1 and London Market rates up 13%
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Hiscox reports 6.3% GWP growth in Q1 and London Market rates up 13%

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Hiscox boosted gross written premiums by 6.3% in the first quarter, writing $1.26bn of business, while achieving rate growth of 13% in the London market division.

The carrier has reserved $47mn for claims arising from Storm Uri, with the exposure mostly limited to the reinsurance and ILS division.

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