The company reported total premiums reaching $4.44 billion for the first nine months of the year. This expansion was anchored by the retail division, which saw premiums climb 9.1% to $2.25 billion on a constant currency basis. The London Market segment followed a similar trajectory, recording a 9.9% increase to $1.05 billion, while the U.S. division expanded by 8.4% to $791.6 million, bolstered by improved performance in digital and broker channels.
In section Market Quotes
Hiscox Shares Rally on Robust Premium Growth
A 9.5% surge in insurance contract written premiums through September has propelled Hiscox to the top of the FTSE 100. Shares climbed 2.8% to 1,935 pence in early trade, reflecting a 42% valuation gain over the past year as the insurer’s retail momentum continues to defy market expectations.
RBC Capital Markets analysts attribute this trajectory to multiyear investments in product development and distribution networks. While the firm eyes double-digit growth by 2028, observers remain focused on whether this pace can hold through 2027. Beyond top-line growth, RBC expects cost-saving measures to bolster future capital returns for shareholders.
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