Hiscox announces record profits
Hiscox has reported record profits in its half-year results with operating profit up 134% to £61.7m and pre-tax profit up 61% to £50.8m.
The group said the combined ratio was up from 95.9% to of 84.4% and that rates remained profitable in all the classes it writes.Robert Hiscox, chairman of Hiscox, said: "It has been an extremely good
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