|Bid||892.80 x 0|
|Ask||893.20 x 0|
|Day's Range||860.40 - 901.60|
|52 Week Range||305.80 - 1,120.00|
|Beta (5Y Monthly)||0.75|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 03, 2021|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||May 14, 2020|
|1y Target Est||19.90|
London-listed insurer Hiscox has announced that its chief executive, Bronek Masojada, will leave after more than two decades at the helm. Masojada joined the Lloyd’s underwriter in 1993, two years before it listed on the London Stock Exchange. Hiscox’s chair, Robert Childs, said in a statement that Masojada’s “energy and passion to move the business forward has resulted in three decades of strong growth and transformed Hiscox into a leading diversified specialist insurer with a great future ahead of it”.
The central bank wants new powers to regulate the use of cloud computing in financial services.
Hiscox has agreed an arbitration settlement with a group of policyholders over business interruption losses due to the British government's COVID-19 lockdown last year, the Lloyd's of London insurer said on Monday. Hiscox was one of six of the world's largest commercial insurers to lose a test case in Britain brought on behalf of policymakers by the Financial Conduct Authority. Britain's highest court said policyholders had a right to payouts from insurers who had argued many business interruption policies did not cover widespread disruption after government efforts to curb the virus from last March.