Hiscox has recorded its strongest progress in its UK retail enterprise since in 2018 because the group reported a file pre-tax revenue of $685.4m (£540.6m) in its 2024 full 12 months outcomes on written premiums of $4.77bn.
The general group retail enterprise wrote premiums of $2.5bn (2023: $2.36bn) and recorded a pre-tax revenue of $298.5m (2023: $256.0m) with a mixed ratio of 88.9% (2023: 91.8%).
Requested how a lot price had performed a component in its file outcome Hiscox chief underwriting officer Joanne Musselle, pictured, informed Insurance coverage Age: “Not lots really. In case you have a look at retail we at all times speak about it being much less cyclical with fairly constant score.
“And but we’ve put by means of price in the previous couple of years due to
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