Hiscox Watchlist

Hiscox Ltd.: Trend Continuation After a Breakout Above the MA20; Resistance Line in Focus!

M. Herzberger
Reading Time: 2 minutes

Hiscox Ltd. announced comprehensive plans for its future development on May 22 at its Capital Markets Day. A central focus is on the retail segment, where the company aims for double-digit premium growth by 2028. This is to be achieved through further exploration of existing markets and the implementation of efficiency measures. Hiscox predicts that these initiatives will generate an annual earnings and loss benefit of $200 million starting in 2028 compared to the base year 2024. The company has also announced an increase in the dividend: a 20%...

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