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Hiscox (GB:HSX)
LSE:HSX

Hiscox (HSX) AI Stock Analysis

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GB

Hiscox

(LSE:HSX)

73Outperform
Hiscox exhibits strong financial positioning with robust earnings and strategic growth initiatives, supported by a low valuation and healthy dividend yield. However, challenges in cash flow and profit margins, along with neutral technical indicators, suggest a balanced outlook. The positive earnings call insights, particularly around record profits and shareholder-friendly actions, enhance the overall stock appeal, leading to a moderately strong score.

Hiscox (HSX) vs. S&P 500 (SPY)

Hiscox Business Overview & Revenue Model

Company DescriptionHiscox Ltd (HSX) is an international specialist insurer, headquartered in Bermuda and listed on the London Stock Exchange. The company operates in a variety of sectors, including property, casualty, and specialty insurance, catering to both individuals and businesses. Hiscox is known for offering a wide range of insurance products, such as home insurance, vehicle insurance, and commercial insurance, with a focus on high-net-worth individuals and niche markets.
How the Company Makes MoneyHiscox makes money primarily through underwriting insurance policies and managing risk for clients across various sectors. The company's revenue streams include premium income from the sale of insurance policies, investment income from managing the assets generated from these premiums, and fees from advisory and risk management services. Hiscox's earnings are influenced by factors such as the volume of policies written, the claims experience, and the performance of its investment portfolio. The company also engages in strategic partnerships and collaborations to expand its market reach and enhance its product offerings.

Hiscox Financial Statement Overview

Summary
Hiscox's financial performance shows stable revenue growth and improved operational efficiency. However, there are challenges in profit margins and cash flow generation. The balance sheet reflects solid equity growth and better leverage management, though profitability on equity has declined.
Income Statement
75
Positive
Hiscox's income statement reveals a moderate revenue growth rate with a 2.66% increase from 2023 to 2024. The gross profit margin holds steady at 100% due to the nature of the insurance industry. However, the net profit margin slightly declined to 17.06% from 19.89% the previous year. The EBIT margin is not applicable for 2024, indicating potential volatility in operating income. The EBITDA margin improved, reflecting better operational efficiency.
Balance Sheet
70
Positive
The balance sheet shows strong equity growth, with the equity ratio improving to 32.81% in 2024 from 29.79% in 2023, indicating enhanced financial stability. The debt-to-equity ratio decreased, reflecting improved leverage management, though still slightly high at 0.20. ROE decreased to 17.01% from 21.61%, pointing to reduced profitability on equity.
Cash Flow
60
Neutral
Cash flow analysis shows a significant decrease in free cash flow from 188.4M in 2023 to 75.3M in 2024, indicating cash generation challenges. The operating cash flow to net income ratio dropped to 0.18 from 0.33, suggesting potential cash flow issues relative to net income, while free cash flow to net income ratio also declined, raising concerns about cash efficiency.
Breakdown
TTMDec 2024Dec 2023Dec 2022Dec 2021Dec 2020
Income StatementTotal Revenue
3.78B3.68B3.58B3.05B3.29B3.25B
Gross Profit
3.78B3.68B3.58B3.05B3.29B3.25B
EBIT
1.40B0.003.61B92.80M189.90M-256.50M
EBITDA
125.50M799.20M730.00M152.80M248.20M-199.70M
Net Income Common Stockholders
720.80M627.20M712.00M41.70M189.50M-293.70M
Balance SheetCash, Cash Equivalents and Short-Term Investments
549.06M1.23B1.47B1.40B1.35B1.64B
Total Assets
6.16B11.24B11.06B13.72B13.85B13.86B
Total Debt
30.94M743.00M754.20M635.90M746.50M946.10M
Net Debt
-494.28M-484.00M-682.80M-715.00M-554.20M-631.10M
Total Liabilities
4.21B7.55B7.76B11.31B11.31B11.50B
Stockholders Equity
1.95B3.69B3.30B2.42B2.54B2.35B
Cash FlowFree Cash Flow
364.10M75.30M188.40M290.60M-42.30M-188.60M
Operating Cash Flow
367.00M114.40M232.10M373.40M16.60M-117.10M
Investing Cash Flow
-29.70M-38.50M-34.20M-81.90M-36.60M-52.70M
Financing Cash Flow
-255.10M-282.60M-128.90M-190.90M-246.20M592.80M

Hiscox Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1158.00
Price Trends
50DMA
1126.24
Positive
100DMA
1106.34
Positive
200DMA
1129.50
Positive
Market Momentum
MACD
-3.89
Positive
RSI
53.05
Neutral
STOCH
58.16
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For GB:HSX, the sentiment is Positive. The current price of 1158 is above the 20-day moving average (MA) of 1150.85, above the 50-day MA of 1126.24, and above the 200-day MA of 1129.50, indicating a bullish trend. The MACD of -3.89 indicates Positive momentum. The RSI at 53.05 is Neutral, neither overbought nor oversold. The STOCH value of 58.16 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for GB:HSX.

Hiscox Peers Comparison

Overall Rating
UnderperformOutperform
Sector (63)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
GBADM
80
Outperform
£9.59B14.4556.17%3.99%34.86%95.18%
GBBEZ
79
Outperform
£5.63B6.6026.32%1.58%7.79%9.99%
GBHSX
73
Outperform
$3.88B7.9917.96%2.55%3.60%-13.17%
63
Neutral
$13.51B9.489.36%4.87%16.09%-8.30%
GBDLG
63
Neutral
£3.51B24.045.97%2.22%26.11%-29.43%
62
Neutral
£5.63B-60.34%9.45%-6.33%
52
Neutral
£13.83B82.494.06%8.65%-21.56%-61.14%
* Financial Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
GB:HSX
Hiscox
1,146.00
5.68
0.50%
GB:BEZ
Beazley
925.50
296.03
47.03%
GB:ADM
Admiral
3,180.00
602.47
23.37%
GB:DLG
Direct Line Insurance
274.20
90.21
49.03%
GB:LGEN
Legal & General
243.00
19.97
8.95%
GB:PHNX
Phoenix Group Holdings
572.00
132.47
30.14%

Hiscox Earnings Call Summary

Earnings Call Date: Feb 27, 2025 | % Change Since: 3.49% | Next Earnings Date: Aug 6, 2025
Earnings Call Sentiment Positive
The earnings call reflected a strong performance by Hiscox with record profits, growth across the retail segment, and significant capital returns to shareholders. Despite facing challenges from the California wildfires and increased operating expenses, the company remains confident in its growth trajectory and market positioning.
Highlights
Record Profits and Revenue Growth
Hiscox reported record profits at $685 million for the second consecutive year, with a return on equity of 19.8%. Revenue increased by around $170 million, driven by the retail business.
Strong Performance in Retail Business
The retail business achieved a profit of approximately $300 million, with growth driven by management actions in the U.K., Europe, and the U.S. direct-to-consumer business showing double-digit growth.
Improved Combined Ratios
The group achieved an undiscounted combined ratio of 89.2% in an active loss year, demonstrating effective cycle management, with the London Market business maintaining a combined ratio in the 80% range for the fifth consecutive year.
Significant Capital Returns
Hiscox announced a 20% increase in the final dividend, a full year EPS increase of 15%, and a special return of capital of $175 million through a share buyback.
Investment Gains
The group achieved an investment return of $384 million, with the NAV per share growing by 14% year-on-year.
Positive Outlook and Growth Plans
The company plans to continue growth in retail and expects London Market to return to growth in 2025, with Re & ILS deploying incremental capital into attractive market conditions.
Lowlights
Impact of California Wildfires
The group estimates a net loss from the California wildfires of around $170 million, impacting the Re & ILS and London Market segments.
Challenges in U.S. Broker Business
The U.S. broker business contracted by 4% in 2024, although there is an expectation of a return to growth in 2025.
Increased Operating Expenses
Operating expenses increased by 19%, reflecting brand investment and one-off costs related to the sale of DirectAsia, Thailand.
Tax Rate Increase
The group's effective tax rate is expected to increase to between 15% and 20% due to the Bermuda corporate income tax.
Casualty Market Challenges
Proactive cycle management was required in the casualty division due to less attractive market conditions, impacting growth.
Company Guidance
In the call, Hiscox provided robust guidance and detailed performance metrics for the fiscal year 2024, showcasing a strong financial position and strategic growth initiatives. The company reported a record profit of $685 million, with a significant return on equity of 19.8%. Revenue increased by $170 million, primarily driven by the retail segment, which contributed $150 million. The group achieved an undiscounted combined ratio of 89.2%, reflecting effective cycle management despite an active loss year. Hiscox announced a 20% increase in the final dividend, leading to a full-year EPS rise of 15%, and a $175 million share buyback, returning 10% of equity to shareholders. U.K. and European business segments experienced accelerated growth, with new partnerships in Spain and double-digit growth in the U.S. direct-to-consumer business. The company expanded its distribution network, adding 17 new partners in the U.S. DPD and focusing on technological advancements to enhance underwriting efficiency. Hiscox's London market business maintained a strong performance, achieving an undiscounted combined ratio in the 80% range for the fifth consecutive year, while the Re & ILS segment saw net premiums increase by 11%, with a combined ratio of 69%. The company generated a record fee income of $128 million and completed a favorable January renewal season. Looking ahead to 2025, Hiscox expects retail growth to exceed 6%, with continued favorable conditions in the London market property segment and incremental capital deployment in Re & ILS.

Hiscox Corporate Events

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback to Optimize Capital Structure
Positive
Apr 15, 2025

Hiscox Ltd has announced the purchase of 45,000 of its own ordinary shares as part of its share buyback programme. The shares were bought at a volume-weighted average price of 1,133.11 GBp and will be cancelled, reflecting the company’s strategic move to manage its capital structure and potentially enhance shareholder value.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates strong financial positioning with robust earnings and strategic growth initiatives. Despite challenges in cash flow and profit margins, the stock’s low valuation and healthy dividend yield present an attractive opportunity. Shareholder-friendly corporate actions and positive earnings call insights support the positive outlook, though caution is warranted due to technical indicators suggesting potential downward momentum.

To see Spark’s full report on GB:HSX stock, click here.

Stock Buyback
Hiscox Executes Share Buyback, Cancelling 49,545 Shares
Positive
Apr 14, 2025

Hiscox Ltd has executed a share buyback transaction as part of its ongoing Buyback Programme, purchasing 49,545 Ordinary Shares through Peel Hunt LLP. The shares, bought at an average price of 1,110.19 GBp, will be cancelled, which may impact the company’s share capital structure and potentially enhance shareholder value.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates strong financial positioning with robust earnings and strategic growth initiatives. The stock’s low valuation and healthy dividend yield present an attractive opportunity, though challenges in cash flow and profit margins require attention. Shareholder-friendly corporate actions and positive earnings call insights support the positive outlook, despite some caution warranted by technical indicators.

To see Spark’s full report on GB:HSX stock, click here.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback of 100,000 Shares
Positive
Apr 11, 2025

Hiscox Ltd has announced the repurchase of 100,000 of its own ordinary shares as part of its ongoing share buyback program. The shares were purchased at prices ranging from 1,120.58 GBp to 1,150.00 GBp and will be cancelled, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates a robust financial position with strong earnings and strategic growth initiatives. The stock’s low valuation and healthy dividend yield present an attractive opportunity. However, challenges in cash flow generation, profit margins, and unfavorable technical indicators suggest caution.

To see Spark’s full report on GB:HSX stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
Hiscox Ltd Grants Deferred Bonus Awards to Executive Directors
Positive
Apr 11, 2025

Hiscox Ltd has announced the granting of deferred bonus awards to its Executive Directors under the company’s Deferred Bonus Plan. These awards, based on 40% of the 2023 bonus, will vest in March 2027, aligning executive incentives with long-term company performance. This move is part of Hiscox’s strategy to retain top management and align their interests with shareholders, potentially impacting the company’s operational stability and market positioning.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates a robust financial position with strong earnings and strategic growth initiatives. The stock’s low valuation and healthy dividend yield present an attractive opportunity. However, challenges in cash flow generation, profit margins, and unfavorable technical indicators suggest caution.

To see Spark’s full report on GB:HSX stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
Hiscox Ltd Grants Deferred Bonus Awards to Executive Directors
Positive
Apr 11, 2025

Hiscox Ltd has announced the granting of awards to its Executive Directors under the company’s Deferred Bonus Plan. These awards, which are to be delivered in the form of ordinary shares, are equivalent to 40% of the bonus awarded to each director for 2024 and will vest on March 25, 2028, contingent on continued service. This move aligns with the company’s strategic compensation practices aimed at retaining top management talent, potentially impacting its operational stability and market positioning.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates a robust financial position with strong earnings and strategic growth initiatives. The stock’s low valuation and healthy dividend yield present an attractive opportunity. However, challenges in cash flow generation, profit margins, and unfavorable technical indicators suggest caution.

To see Spark’s full report on GB:HSX stock, click here.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 10, 2025

Hiscox Ltd has announced the purchase of 120,000 of its own ordinary shares as part of its share buyback program, with prices ranging from 1,070.00 GBp to 1,111.00 GBp. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and signaling confidence in its financial health.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox’s overall stock performance is robust, driven by strong earnings and strategic capital management. While valuation metrics indicate an attractive opportunity, challenges in cash flow and profit margins temper the outlook. Corporate actions like share buybacks and dividends enhance shareholder appeal, although technical indicators suggest caution.

To see Spark’s full report on GB:HSX stock, click here.

Executive/Board Changes
Hiscox Grants Performance-Based Share Options to Executive Directors
Neutral
Apr 10, 2025

Hiscox Ltd has announced the granting of nil-cost options to its executive directors under the company’s Performance Share Plan. These awards, which are contingent upon meeting specific performance conditions over a three-year period, aim to incentivize growth in Net Asset Value and Total Shareholder Return. The awards, granted in Bermuda, will vest in April 2028, reflecting Hiscox’s commitment to aligning executive compensation with long-term company performance and shareholder interests.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox’s overall stock performance is robust, driven by strong earnings and strategic capital management. While valuation metrics indicate an attractive opportunity, challenges in cash flow and profit margins temper the outlook. Corporate actions like share buybacks and dividends enhance shareholder appeal, although technical indicators suggest caution.

To see Spark’s full report on GB:HSX stock, click here.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 9, 2025

Hiscox Ltd has announced the repurchase of 120,000 of its own ordinary shares as part of its ongoing share buyback program. The shares were purchased at prices ranging from 1,052.00 GBp to 1,107.00 GBp, with a volume-weighted average price of 1,076.23 GBp. This move is part of Hiscox’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and investor confidence.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates solid financial performance with stable revenue growth and improved operational efficiency, though challenges in cash flow and profit margins persist. The stock’s low valuation and healthy dividend yield present an attractive opportunity, further bolstered by positive earnings call insights and shareholder-friendly corporate actions. However, technical indicators suggest caution with potential downward momentum.

To see Spark’s full report on GB:HSX stock, click here.

Stock Buyback
Hiscox Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 8, 2025

Hiscox Ltd has announced the purchase of 120,000 of its own ordinary shares as part of its ongoing share buyback program. The shares were bought at prices ranging from 1,044.00 GBp to 1,098.00 GBp and will be cancelled, which is expected to enhance shareholder value and optimize the company’s capital structure.

Spark’s Take on GB:HSX Stock

According to Spark, TipRanks’ AI Analyst, GB:HSX is a Outperform.

Hiscox demonstrates a strong financial position with record profits and notable revenue growth, particularly in its retail business. While challenges in cash flow generation and some U.S. market segments persist, effective cycle management and strategic growth initiatives provide a positive outlook. The stock is undervalued with a healthy dividend yield, making it an attractive investment opportunity despite some operational challenges.

To see Spark’s full report on GB:HSX stock, click here.

Stock BuybackBusiness Operations and Strategy
Hiscox Announces Share Buyback of 50,000 Shares
Positive
Apr 7, 2025

Hiscox Ltd has announced a transaction involving the repurchase of 50,000 of its own ordinary shares as part of its share buyback program. The shares were purchased through Peel Hunt LLP, with prices ranging from 1,103.00 GBp to 1,163.00 GBp, and will be subsequently cancelled. This move is part of Hiscox’s strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback of 40,000 Shares
Positive
Apr 4, 2025

Hiscox Ltd has announced the purchase of 40,000 of its own ordinary shares as part of its share buyback programme, with prices ranging from 1,186.00 GBp to 1,199.00 GBp. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

Executive/Board Changes
Hiscox Ltd Completes CFO’s Performance Share Plan Award Vesting
Neutral
Apr 3, 2025

Hiscox Ltd announced the vesting of the final tranche of a buy-out award for Paul Cooper, the Chief Financial Officer, under the company’s Performance Share Plan. This award, comprising 11,037 ordinary shares, vested on April 1, 2025, with an additional 734 shares granted as dividend equivalents. This transaction is part of the company’s ongoing efforts to align executive compensation with performance, potentially impacting the company’s financial management and stakeholder interests.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback Program
Positive
Apr 3, 2025

Hiscox Ltd has executed a share buyback program, purchasing 40,000 of its own ordinary shares through Peel Hunt LLP. The shares were bought at prices ranging from 1,187.00 GBp to 1,210.00 GBp, with a volume-weighted average price of 1,197.23 GBp. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback of 50,000 Shares
Positive
Apr 2, 2025

Hiscox Ltd has announced the purchase of 50,000 of its own ordinary shares as part of a share buyback programme initiated earlier this year. The shares were acquired at a volume-weighted average price of 1,190.53 GBp and will be cancelled, reflecting the company’s strategy to enhance shareholder value and optimize its capital structure.

Regulatory Filings and Compliance
Hiscox Ltd Updates Total Voting Rights for Shareholders
Neutral
Apr 1, 2025

Hiscox Ltd has announced an update on its total voting rights as of March 31, 2025. The company reported that its issued ordinary share capital consists of 346,814,882 Ordinary Shares, with 7,523,190 of these shares held in Treasury, which do not carry voting rights. Consequently, the total number of voting rights available to shareholders is 339,291,692. This information is crucial for shareholders to determine their notification requirements under the Disclosure and Transparency Rules.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback to Enhance Shareholder Value
Positive
Apr 1, 2025

Hiscox Ltd has executed a share buyback program, purchasing 50,000 ordinary shares on 31 March 2025, with prices ranging from 1,174.00p to 1,196.00p per share. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially enhancing shareholder value and indicating confidence in the company’s financial health.

Stock Buyback
Hiscox Ltd Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 31, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 of its own ordinary shares at an average price of 1,194.18 GBp per share. This move, part of a previously announced buyback initiative, is aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback to Optimize Capital Structure
Positive
Mar 28, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 of its own ordinary shares through Peel Hunt LLP. The shares were bought at prices ranging from 1,171.00 GBp to 1,188.00 GBp and will be cancelled, reflecting the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Optimize Capital Structure
Positive
Mar 27, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at a volume-weighted average price of 1,187.53 GBp per share. This move is part of a strategic initiative to optimize the company’s capital structure and potentially enhance shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback Program
Positive
Mar 26, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at a volume-weighted average price of 1,167.79 GBp. This move is part of a strategic initiative to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of shares in circulation.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback Program
Positive
Mar 25, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 of its own ordinary shares at prices ranging from 1,157.00 GBp to 1,173.00 GBp, with a volume-weighted average price of 1,164.82 GBp. This move is part of a strategic initiative announced in February 2025, aimed at optimizing the company’s capital structure and potentially enhancing shareholder value by reducing the number of shares outstanding.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Strategic Share Buyback
Positive
Mar 24, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 of its own ordinary shares at prices ranging from 1,158 to 1,179 pence per share, with an average price of 1,172.18 pence. This move is part of the company’s strategic efforts to manage its capital structure and enhance shareholder value, potentially impacting its market positioning and signaling confidence in its financial health.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback Program
Positive
Mar 21, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at prices ranging from 1,156.00 to 1,169.00 pence per share. This move is part of a strategic initiative to enhance shareholder value, and the purchased shares will be cancelled, potentially impacting the company’s stock value and market perception.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 20, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at prices ranging from 1,140.00 to 1,154.00 GBp. This move, part of an ongoing strategy announced in February 2025, aims to enhance shareholder value by reducing the number of shares in circulation, potentially impacting the company’s stock price and market perception positively.

Stock Buyback
Hiscox Ltd Executes Share Buyback Program
Neutral
Mar 18, 2025

Hiscox Ltd has executed a share buyback program, purchasing 40,511 ordinary shares at prices ranging from 1,120.00 to 1,133.00 pence per share, with an average price of 1,125.42 pence. The repurchased shares will be canceled, potentially impacting the company’s stock value and shareholder equity by reducing the number of shares outstanding, which may enhance earnings per share and return on equity.

Shareholder MeetingsFinancial Disclosures
Hiscox Ltd Releases 2025 AGM Notice and 2024 Annual Report
Neutral
Mar 17, 2025

Hiscox Ltd has announced the release of several key documents for its shareholders, including the Notice of the 2025 Annual General Meeting, the Form of Proxy for the meeting, the 2024 Annual Report and Accounts, and the 2025 Scrip Dividend Scheme Circular. These documents have been submitted to the National Storage Mechanism and are available on the company’s website. The Annual General Meeting is scheduled to take place in Bermuda on May 15, 2025. This announcement ensures transparency and provides shareholders with essential information to engage in the company’s governance and financial planning.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback Program
Positive
Mar 17, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at an average price of 1,114.89 GBp per share. This move is part of a previously announced buyback initiative and reflects the company’s strategy to manage its capital structure, potentially enhancing shareholder value.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 14, 2025

Hiscox Ltd has executed a share buyback program, purchasing 65,000 ordinary shares at prices ranging from 1,116.00 to 1,149.00 GBp, with a volume-weighted average price of 1,130.85 GBp. This move, conducted through Peel Hunt LLP, is part of the company’s strategy to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and signaling confidence in the company’s financial health.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback Program
Positive
Mar 13, 2025

Hiscox Ltd has executed a share buyback program, purchasing 50,000 ordinary shares at prices ranging from 1,132.00 GBp to 1,146.00 GBp, with a volume-weighted average price of 1,140.25 GBp. The purchased shares will be canceled, which is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback Program
Positive
Mar 12, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at prices ranging from 1,128.00 to 1,148.00 GBp, with a volume-weighted average price of 1,136.42 GBp. The repurchased shares will be cancelled, which is part of the company’s strategy to optimize its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 11, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at a volume-weighted average price of 1,152.38 pence per share. This move is part of its strategic financial management to enhance shareholder value by reducing the number of outstanding shares, potentially increasing earnings per share and supporting the company’s stock price.

Stock Buyback
Hiscox Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 11, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 of its ordinary shares through Peel Hunt LLP. The buyback, part of a previously announced program, aims to enhance shareholder value by reducing the number of shares in circulation, potentially increasing earnings per share and demonstrating confidence in the company’s financial health.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 11, 2025

Hiscox Ltd has executed a share buyback program, purchasing 45,000 ordinary shares at a volume-weighted average price of 1,155.12 GBp per share. This strategic move is part of the company’s ongoing efforts to manage its capital structure and enhance shareholder value, potentially impacting its market positioning and investor relations.

Stock BuybackBusiness Operations and Strategy
Hiscox Executes Share Buyback to Enhance Shareholder Value
Positive
Mar 6, 2025

Hiscox Ltd has announced the purchase of 45,000 ordinary shares as part of its share buyback programme, with the shares being acquired at prices ranging from 1,180.00 GBp to 1,196.00 GBp. This move is part of Hiscox’s strategy to manage its capital structure and enhance shareholder value, potentially impacting its market positioning and investor relations.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback Program
Positive
Mar 5, 2025

Hiscox Ltd has announced the purchase of 65,000 ordinary shares as part of its share buyback program, with prices ranging from 1,163.00 GBp to 1,204.00 GBp. This move is part of the company’s strategy to manage its capital structure and return value to shareholders, potentially impacting its market positioning by demonstrating financial stability and confidence.

Regulatory Filings and Compliance
Hiscox Ltd Announces Total Voting Rights Update
Neutral
Mar 3, 2025

Hiscox Ltd has announced its total voting rights as of February 28, 2025, with an issued ordinary share capital of 347,512,146 shares, of which 7,523,190 are held in treasury and do not carry voting rights. This results in a total of 339,988,956 voting rights, which shareholders can use to determine their notification requirements under the Disclosure and Transparency Rules, impacting how stakeholders manage their interests in the company.

Business Operations and StrategyFinancial Disclosures
Hiscox Reports Strong Syndicate Results and Future Estimates Amid Wildfire Impact
Positive
Mar 3, 2025

Hiscox Ltd announced the final results for Syndicate 33’s 2022 account and Syndicate 6104’s 2022 and 2020 accounts, along with estimates for 2023 and 2024. The 2024 estimates consider preliminary losses from the Los Angeles wildfires in early 2025. The results show a strong performance for Syndicate 6104’s 2020 account, with a 47% closing result, while Syndicate 33’s 2022 account closed at 12.5%. The estimates for 2023 and 2024 indicate potential growth, with Syndicate 33’s 2023 estimate ranging from 10.4% to 20.4%. These results and estimates reflect Hiscox’s strategic focus on balancing risk and opportunity in its insurance offerings.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Optimize Capital Structure
Positive
Feb 28, 2025

Hiscox Ltd has announced the purchase of 10,111 of its own ordinary shares as part of its share buyback programme. The shares were acquired at a volume-weighted average price of 1,112.75 GBp and will be cancelled. This move is part of the company’s strategy to manage its capital structure and potentially enhance shareholder value.

Stock BuybackBusiness Operations and Strategy
Hiscox Ltd Executes Share Buyback to Optimize Capital Structure
Positive
Feb 28, 2025

Hiscox Ltd has announced the purchase of 10,111 ordinary shares as part of its share buyback program, with prices ranging from 1,108.00 GBp to 1,115.00 GBp. This move is part of a strategic initiative to manage the company’s capital structure and potentially enhance shareholder value by reducing the number of outstanding shares.

Stock BuybackFinancial Disclosures
Hiscox Announces $175 Million Share Buyback Program Amid Record Profits
Positive
Feb 27, 2025

Hiscox Ltd has announced a share repurchase program to buy back ordinary shares worth up to $175 million, with an initial tranche of $87.5 million to be completed by the end of the third quarter of 2025. This move aims to return additional capital to shareholders and reduce the company’s share capital. The program reflects Hiscox’s strong financial performance, marked by record profits and growth in its retail and big-ticket portfolios, which supports substantial capital generation and flexibility for future growth opportunities.

Stock BuybackDividendsBusiness Operations and StrategyFinancial Disclosures
Hiscox Achieves Record Profits and Announces Capital Return Initiatives
Positive
Feb 27, 2025

Hiscox Ltd reported record profits for the year ending December 31, 2024, with a profit before tax of $685.4 million, marking a 9.5% increase from the previous year. The company experienced a 3.7% growth in insurance contract written premium, driven by strong performance in its Retail business, and announced a 19.6% increase in the final dividend per share along with a $175 million share buyback. The results highlight Hiscox’s strategic focus on disciplined underwriting and capital allocation, reinforcing its market position and providing flexibility for future growth opportunities.

Regulatory Filings and Compliance
Hiscox Ltd Updates Total Voting Rights and Share Structure
Neutral
Feb 4, 2025

Hiscox Ltd announced that as of January 31, 2025, its issued ordinary share capital comprises 347,509,043 Ordinary Shares, with 7,523,190 held in Treasury, which do not have voting rights. The total number of voting rights in the company stands at 339,985,853, a figure significant for shareholders to determine their reporting requirements under the Disclosure and Transparency Rules. This announcement impacts shareholders’ ability to assess their interests in the company and may influence decisions related to shareholding notifications.

Executive/Board Changes
Hiscox Strengthens Board with New Appointments
Positive
Jan 27, 2025

Hiscox Ltd has announced the appointment of Lynne Biggar and June Yee Felix as Independent Non-Executive Directors to its Board, effective immediately. This move is part of the company’s Board succession planning, with Lynn Pike and Anne MacDonald stepping down in 2025 after their nine-year terms. The new appointments are expected to bring valuable expertise in global brand advancement and technology-intensive business transformation, aiding Hiscox in its ambitious growth plans.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.