All the updated news related to hiscox

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City

Insurer Hiscox slides to £88m loss amid hit from Ukraine conflict

Insurer Hiscox tumbled to a hefty 107 million dollar (£88 million) loss for the first half of the year amid growing losses linked to the invasion of Ukraine by Russian forces. Shares in the company fell on Wednesday morning continuing a recent sorry ...

03 Aug 2022 at 12:46

City

Aviva reveals plans to sell off Russian equity investments

Insurance giant Aviva has become the latest fund manager to slash its exposure to Russia as it revealed plans to sell off its Russian equity investments in response to the crisis in Ukraine. The group’s chief executive, Amanda Blanc, said it has ...

02 Mar 2022 at 10:55

Companies hit by ransomware often targeted again, research says

More than a third of companies who paid a ransom to cybercriminals after being hit by a ransomware attack went on to be targeted for a second time, according to a new report. The Hiscox Cyber Readiness Report found that 36% of companies that ...

08 Nov 2022 at 14:26

Cyber attacks affect business reputation as well as finances, says insurer

Businesses which are experiencing an increase in cyber incidents are also finding it harder to attract customers, a report has said. Hiscox’s annual cyber readiness report said it found that among companies impacted by cyber attacks, almost ...

24 Oct 2024 at 13:46

City

Hiscox appoints new interim chair after death of Jonathan Bloomer

Hiscox has appointed a new interim chair, after the death of its former chair Jonathan Bloomer was confirmed yesterday. Colin Keogh, a senior independent director at the insurance group, will assume the role, the company said on Friday. Mr ...

23 Aug 2024 at 10:00

City

Burberry booted off FTSE 100 after 15 years as share price slumps

Burberry has been kicked off the FTSE 100 after 15 years on the UK’s top stock market index, after a bruising year for the company’s share price amid a luxury retail slump. Following the latest reshuffle on the London Stock Exchange, ...

04 Sept 2024 at 17:57

City

Hiscox takes £134m hit on LA wildfires after second year of record profit

Hiscox has said it will take a 170 million dollar (£134 million) hit from the Los Angeles wildfires which broke out at the start of 2025. The wildfires, which raged during the first half of January, have been estimated by some to be ...

27 Feb 2025 at 08:01

City

Hiscox profits fall after £128m claims hit from LA wildfires

Insurer Hiscox has boosted returns for investors despite seeing half-year profits fall after a £128 million hit from the “largest wildfire insurance event” ever recorded after January’s devastating Los Angeles fires. The specialist ...

06 Aug 2025 at 09:34

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