Hiscox: UK downgrade could benefit shareholders
Hiscox chief executive Bronek Masojada has refused to panic over the loss of Moody’s AAA rating for the UK, saying the move may benefit shareholders.
Speaking to Post after the insurer revealed profits of £219m in 2012, Masojada noted that the US saw a rating downgrade in 2011, and said that impact has been limited.
"Are the skies going to fall on
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