Hiscox April renewals beat expectations
Hiscox has said it withheld reinsurance capacity on the first quarter in anticipation of higher rates, adding that April renewals had beaten expectations. But it warned that the UK market is still "under pressure".
Hiscox's Q1 gross written premiums were £450.7m (2011: £453.5m). It said claims had been "benign".
Bronek Masojada, chief executive, pictured, said: "The year has started well with good growth in
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