Archives by Tag 'Hiscox Expects'
Hiscox expects “healthy” household profit despite winter freeze
By Angus McGrath - Last updated: Tuesday, January 25, 2011
Hiscox has reported that most of the “significant and expensive” catastrophes of 2010 occurred in areas where the insurer had deliberately reduced exposure, due to weak rates. The firm estimates net claims arising from the UK winter freeze during November and December at £16 million, but says its UK household business remains on track to [...]