for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up
Financials

Insurer Hiscox's premiums grow, keeps reserves for hurricane Dorian

Nov 4 (Reuters) - Insurer Hiscox said on Monday earnings from premiums rose in the first nine months of the year and that it had set aside $165 million for claims related to hurricane Dorian and typhoons Hagibis and Faxai.

The blue-chip company also said it was exposed to the recent California wildfires but said the size of any potential loss was unclear so far.

Gross written premiums climbed 7.3% to $3.21 billion for the nine months ended Sept. 30. (Reporting by Pushkala Aripaka and Muvija M in Bengaluru Editing by Saumyadeb Chakrabarty)

for-phone-onlyfor-tablet-portrait-upfor-tablet-landscape-upfor-desktop-upfor-wide-desktop-up