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HCXLF Hiscox Ltd featured news, full reports, and detailed charts

Hiscox Ltd (HCXLF/HCXLF.PK) Wrap Up:

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance products. It offers various personal insurance products that provide coverage for home and contents, fine art and jewelry, classic cars, bloodstock, personal accident, and kidnap and ransom. The company also offers various commercial insurance products, such as professional insurance products that cover property/office risks and professional liabilities for professional organizations; property insurance products, which cover theft, fire, terrorism, and specie for multinationals and small and medium sized enterprises; and marine insurance products that cover risks from marine cargo, hull, and liability to upstream energy and maritime war. In addition, it provides non-marine insurance products, which cover complex risks for financial institutions and corporations, including political risk, kidnap and ransom, technology, and transactional and liability insurance; corporate protection for event cancellations, and contingency cover for film and media, non-appearance, confidential life, and litigation delay; aerospace insurance; and insurance coverage for organizations against hackers, including damage to systems, loss of data, breach of privacy, identity fraud, and business interruption. Further, the company offers marine and non-marine reinsurance and retrocession products. It serves aerospace, technology, media, and telecommunications sectors. Hiscox has operations in Bermuda, the United Kingdom, Ireland, the United States, Guernsey, France, Germany, Belgium, the Netherlands, Spain, Portugal, Sweden, and Austria. The company is headquartered in Hamilton, Bermuda.
www.hiscox.com
950 Employees

Hiscox Ltd (HCXLF:Pink OTC Markets Inc)

LAST $5.40 USD
CHANGE TODAY 0.00 0.00%
VOLUME 0.0
As of August 28, 2009 All times are local (Market data by Reuters is delayed by at least 15 minutes).

Snapshot of Hiscox Ltd (HCXLF)

OPEN
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PREVIOUS CLOSE
$5.40
DAY HIGH
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DAY LOW
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52 WEEK HIGH
12/16/08 - $5.45
52 WEEK LOW
01/27/09 - $4.65
MARKET CAP
2.0B
AVERAGE VOLUME 3 mo
0.0
DILUTED EPS TTM
--
SHARES OUTSTANDING
374.7M
HCXLF Does Not Pay Dividends
P/E TTM
NM
K = Thousands  M = Millions  B = Billions

HCXLF Top Compensated Officers

Mr. Bronek Masojada
Chief Executive Officer, Executive Director a...
Age: 48
Total Annual Compensation: £628.0K
Mr. Robert R. S. Hiscox MA, A.C.I.I.
Executive Chairman and Director of Hiscox Syn...
Age: 66
Total Annual Compensation: £483.0K
Mr. Stuart John Bridges
Group Finance Director, Executive Director an...
Age: 48
Total Annual Compensation: £493.0K
Mr. Robert Childs
Chief Underwriting Officer, Executive Directo...
Age: 58
Total Annual Compensation: £548.0K

Executives, Board Directors

Compensation as of Fiscal Year 2008.

Key developments for Hiscox Ltd (HCXLF)

Hiscox, Ltd. Announces Executive Appointments

Hiscox, Ltd. has created two senior claims roles with Joanne Musselle taking on the role of head of UK claims for the retail division and Tony Rai appointed as head of London market claims. Ms. Musselle joined Hiscox in 2002 as a technical underwriting manager. Latterly she has been head of group claims strategy and will continue with this role. Mr. Rai joined the company in 2007 to head up first party claims. He was admitted as a solicitor in 1998 and spent eight years as a senior associate at Clyde & Co.

Hiscox Ltd. Reports Earnings Results for the First Six Months Ended June 30, 2009

Hiscox Ltd. reported earnings results for the first six months ended June 30, 2009. The company has reported a profit attributable to shareholders of the company of GBP 122.08 million, or 31.8 pence per diluted share, for the first six months ended June 30, 2009, compared to GBP 84.35 million, or 20.9 pence per diluted share, for the corresponding quarter of 2008. Net premiums written for the first half of 2009 were GBP 715.15 million, compared to GBP 513.95 million for the same period of 2008. Revenue was GBP 661.3 million, compared to GBP 512.48 million for the first half of 2008. Profit before tax for the first half of 2009 was GBP 141.39 million, compared to GBP 109.22 million for the same period of 2008. Total comprehensive income attributable to the shareholders of the company was GBP 44 million, compared to GBP 82.42 million for the same period of 2008.

Hiscox Ltd. Reports Earnings Results for the First Half of 2009 ; Announces Interim Dividend

Hiscox Ltd. reported earnings results for the first half of 2009. For the first half, the company reported after-tax profit of £122 million (€139 million), up 45% from £84.4 million for the first half of 2008. Gross written premiums for the half rose 41.7% to £906 million from £639.4 million. Earnings per share increased to 33.2 pence (37.9 cents) from 21.7 pence. Return on equity rose to 27.5% from 21.8%. On an annualized basis, investment return was 7%, up from 1.6%. The interim dividend was raised to 4.5 pence from 4.25 pence.

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Market data is delayed at least 20 minutes.

Industry Analysis

Valuation HCXLF Industry Range
Price/Earnings 100.0x
Price/Sales 93.2x
Price/Book 104.4x
Price/Cash Flow 518.8x
TEV/Sales 94.5x

HCXLF

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HCXLF transactions

Type
Date
Target
Buyback
June 3, 2009
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