Insurance Post

Hiscox grows GWP by 2.3% in Q1

Bronek Masojada

Hiscox grew gross written premiums by 2.3% in local currency, with a small decrease in sterling to £501.6m (2013: £506.1m) in the first quarter of 2014, as it continued to shrink its reinsurance book.

GWP for Hiscox UK rose slightly by 1.6% to £98.2m (2013: £96.7m). An emphasis on performance led to a further reduction in Hiscox's business with independent managing agent Dual, however this was

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