Hiscox says 92% fall in profit a 'good result'
Hiscox claimed that reporting a pre-tax profit down 92% to £17.3m (2010: £211.4m) was "a good result in the circumstances", as chairman Robert Hiscox announced he would complete one more year at the helm.
Hiscox said: "We have been well and truly tested by Mother Nature and a small profit is a good result in the circumstances. By any measurement, it was a phenomenally catastrophic year with definitely
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