Hiscox confirms $175m coronavirus claims hit
Hiscox has confirmed it expects to pay net claims of $150m (£121.6m) due to the coronavirus crisis with the potential for another $25m if the current restrictions on “mass gatherings” are extended beyond six months.
The provider had predicted the $175m total last week when it also promised to conduct a further assessment and provide an update.
The latest statement to the London Stock Exchange detailed that the
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