Hiscox Ltd (HSX.L)
7 Aug 2020
Mon, Jun 1 2020
* HISCOX LTD - WELCOMES TODAY'S ANNOUNCEMENT FROM FINANCIAL CONDUCT AUTHORITY IN UK REGARDING PROPOSED LEGAL TEST CASE
* Hiscox says paying claims quickly and fairly (Adds Hiscox comment, bullet points)
LONDON, May 18 Lloyd's of London, Hiscox and RSA are among donors to a new British 100 million pound ($121.19 million) insurance and long-term savings COVID-19 support fund, the Association of British Insurers (ABI) said on Monday.
BRIEF-Hiscox Announces Completion Of Non-Pre-Emptive Placing Of New Ordinary Shares Of 6.5 Pence Each
* HISCOX LTD - ANNOUNCES COMPLETION OF NON-PRE-EMPTIVE PLACING OF NEW ORDINARY SHARES OF 6.5 PENCE EACH
May 5 Lloyd's of London insurer Hiscox on Tuesday said it would raise capital through a share placement to take advantage of a rise in premium rates.
May 5 Lloyd's of London insurer Hiscox on Tuesday said it would raise capital through a share placement amid a potential hike in business interruption claims in the wake of the coronavirus crisis.
* HISCOX - ANNOUNCES ITS INTENTION TO CONDUCT A NON-PRE-EMPTIVE PLACING OF NEW ORDINARY SHARES OF 6.5 PENCE EACH ( "PLACING SHARES") IN CAPITAL OF CO
* QTRLY GROSS WRITTEN PREMIUMS GREW BY 2% IN CONSTANT CURRENCY TO $1,181.8 MILLION (2019: $1,164.7 MILLION)
* HISCOX LTD - HISCOX BOARD BELIEVES GROUP HAS SUFFICIENT CAPITAL TO MEET EXPECTED LIABILITIES ARISING AS A RESULT OF EXPOSURES TO PANDEMIC.
April 29 Insurer Hiscox said on Wednesday it was assessing possible sources of funding, including an equity raise, due to an expected fall in capital because of a pandemic-induced rise in rates across the U.S. wholesale and reinsurance markets.