Hiscox Reports Nine-Month Premium Growth
British insurer Hiscox posted a 9.5 percent increase in nine-month insurance premiums on Tuesday. Group premiums reached 4.44 billion dollars, supported by strong demand across its retail business.
Insights:
British insurer Hiscox posted a 9.5% increase in insurance premiums to $4.44B on Tuesday morning, driven by strong retail demand. The growth outpaces last year's $4.05B figure reported by the firm based in the United Kingdom. Investors are tracking retail insurance momentum ahead of the upcoming year-end financial disclosures.
