Hiscox posts H1 profit of $168m, despite higher volume of claims

Bronek Masojada

Hiscox has reported a profit before tax of $168m (£136m) for the first quarter of 2019, up from a profit of $162.7m on the same period last year, despite a higher volume of claims.

Gross written premiums increased to $2.3bn, from $2.2bn on the same period last year, equivalent to a 7% rise in constant currency.

While all business segments have reported an increase in gross

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