Hiscox bulks up Covid claims hit estimate as group faces loss
Hiscox swung into a loss for the first half of 2020 as it increased its Covid-19 claims hit estimate.
The insurer reported a loss before tax of $138.9m (£106.5m) for the half, compared to a profit of $168m in the first half of 2019.
Earlier this year Hiscox issued a Covid claims hit estimate of $150m
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