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Hiscox UK reports Q1 GWP up 8.5%

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Growth in luxury motor and professional indemnity business has seen Hiscox’s UK operation report improved gross written premiums for the first quarter of 2012, rising 8.5% on last year.

The insurer recorded GWP of £96.7m for the first quarter, up from 2011's equivalent of £89.1m.

The firm said its PI business had particularly strong results in the technology and media industries

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