London-listed re/insurer Hiscox has reported a discounted group combined ratio of 85.7% for H1 2023, 5.1pp better than for the same period last year. Both the London market and reinsurance divisions benefited from continued hard market conditions. H1 GWP was almost $2bn, but the announced profit was about 5% below consensus. Hiscox London Market had…
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Author: Capt. John