Hiscox puts UK winter freeze bill at £16m, but on track for healthy profit

Robert Hiscox

Hiscox today reported that although 2010 was marked by many significant and expensive catastrophes, most of these occurred in areas where it had deliberately reduced exposure due to weak rates.

On the 16 March 2010 Hiscox estimated net claims of £100m for two of these events, the Chilean earthquake and Windstorm Xynthia.

Currently the net estimate for Chile, Xynthia and the New Zealand

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