Hiscox said its full-year pretax profits almost trebled, helped by a benign catastrophe year, as well as high property and catastrophe insurance prices.
Pretax profits for the year to Dec 31 2006 rose to £201.1m from £70.2m a year earlier.
Analysts had expected pretax profits of £170m, according to a consensus forecast supplied by the company.
Gross written premiums increased to £1.126bn from £861.2m the previous year. The combined ratio fell to 88.3% from 96%.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
