February 27, 2017 / 7:21 AM / 5 months ago

BRIEF-Hiscox Ltd says full-year pretax profit up 64 percent

1 Min Read

Feb 27 (Reuters) - Hiscox Ltd:

* Fy pretax profit 354.5 million stg versus 216.1 million stg year ago

* Final dividend 19 penceper share

* Total dividend up 15 percent to 27.5 penceper share

* Fy gross premiums written £2,402.6m versus £1,944.2m year ago

* Fy net premiums earned £1,675.0m versus £1,435.0m year ago

* Fy profit before tax £354.5m versus £216.1m year ago

* Fy total ordinary dividend per share for year 27.5p vs24.0p year ago

* Fy group combined ratio 84.4 pct versus 85.0 pct year ago

* Fy return on equity 23.0 pct versus 16.0 pct year ago

* Fy reserve releases £213.0m versus £205.9m year ago

* Hiscox - remain focused and disciplined where margins are shrinking and invest where we see opportunities for long-term profitable growth - ceo

* Hiscox - there are uncertainties, both from insurance and political environments, but hiscox has right... Financial power to adapt to what lies ahead Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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