Boss of insurer Hiscox expresses regret over unpaid Covid claims

Boss of insurer Hiscox regrets ‘uncertainty and anguish’ of small firms over unpaid Covid claims By Daily Mail City & Finance Reporter Published: 22:12 GMT, 3 March 2021 | Updated: 22:12 GMT, 3 March 2021 Regret: Hiscox boss Bronek Masojada The boss of Hiscox regrets the ‘uncertainty and anguish’ of small businesses when the insurer refused … Read more

MIDAS SHARE TIPS: Hiscox offers reward in crisis

MIDAS SHARE TIPS: Should you buy an insurer in the middle of a global catastrophe? It’s a risky business, but Hiscox offers reward in a crisis By Rosie Murray-west, Financial Mail on Sunday Published: 21:51 GMT, 7 November 2020 | Updated: 21:51 GMT, 7 November 2020 Should you buy an insurer in the middle of … Read more

Hiscox in £105m loss after cancelled events and holidays

Hiscox makes £105m loss after being hit by payouts for cancelled sports events and holidays By Daily Mail City & Finance Reporter Published: 22:02 BST, 3 August 2020 | Updated: 22:02 BST, 3 August 2020 Hiscox has made a £105m loss after being hit by payouts for cancelled sports events and holidays.  The Lloyd’s of … Read more

Some 400 small firms seek High Court fight with insurance giant Hiscox

Some 400 small firms seek High Court fight with Hiscox after being denied business interruption claims By Daily Mail City & Finance Reporter Published: 21:51 BST, 24 June 2020 | Updated: 22:01 BST, 24 June 2020 The Hiscox Action Group is demanding to join the action being taken against the insurance giant by the Financial Conduct Authority … Read more

Hiscox to raise £400m as it fights firms over coronavirus payouts

Insurer Hiscox turns to investors to raise £400m as it fights small firms over coronavirus payouts By Daily Mail City & Finance Reporter Published: 22:53 BST, 5 May 2020 | Updated: 23:39 BST, 5 May 2020 Hiscox said it would sell up to 58m shares, which at last night’s price of 692.4p would be worth … Read more

We are suing Hiscox as it won’t pay coronavirus claims

British businesses that bought insurance covering them for forced closure due to disease are set to sue insurer Hiscox for refusing to pay their coronavirus claims.  The ‘Hiscox Action Group’, a collection of over 150 firms plan to take the veteran Lloyds of London insurer to court, arguing that their business interruption policies should cover … Read more

Insurance giant Hiscox set to be hit with £142m virus bill

Insurance giant Hiscox set to be hit with £142m virus bill as it faces legal action from firms claiming they were unfairly treated By Daily Mail City & Finance Reporter Published: 21:51 BST, 22 April 2020 | Updated: 21:51 BST, 22 April 2020 Insurance giant Hiscox could be hit with a £142million bill from pandemic … Read more