Hiscox reports 10.2 percent rise in first quarter premiums

British insurer Hiscox reported a 10.2 percent increase in first-quarter insurance contract written premiums. The growth was driven by its retail business.

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Hiscox Ltd grew first-quarter insurance contract written premiums by 10.2% on Thursday morning. Strong demand in the retail insurance segment drove the increase for the United Kingdom insurer. The growth signals consumer resilience amid macroeconomic pressures in the global insurance market.

Retail Demand Drives Premium Growth

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