Hiscox Ltd has reported that for the six months ended 30th June 2023, group net insurance contract written premiums increased by 11.4% in constant currency to approximately £1.5bn (H1 2022: $1.4bn). It said Hiscox UK ICWP grew by 4% on a constant currency basis. Hiscox London Market reported that net ICWP increased by 14.2% to £348.5m.
Aki Hussain, group chief executive officer at Hiscox Ltd, said: "Our business has delivered growth in revenues and profits in every business unit, as our proactive and disciplined underwriting and favourable market conditions come together. Our portfolio of businesses, our people and innovation to meet the changing needs of our customers position us well to continue delivering high-quality growth and earnings."
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