Specialist global re/insurer Hiscox swung back to profit in the first half of 2021 after a challenging 2020, having suffered large losses from COVID-19 related claims. The carrier judiciously deployed more capital into a "hard market" for big-ticket lines and saw "material improvement" in its overall performance from the correction actions undertaken this year.
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Hiscozx, Profits, H1 Results 2021, Insurance, Reinsurance, Bronek Masojada, Robert Childs, London, UK