Hiscox has warned of $40mn of first-half reserve strengthening after “significant” loss deterioration from Typhoon Jebi and Hurricane Michael, leading to pre-tax profit that will almost exclusively come from investment activity.
Hiscox has warned of $40mn of first-half reserve strengthening after “significant” loss deterioration from Typhoon Jebi and Hurricane Michael, leading to pre-tax profit that will almost exclusively come from investment activity.