• Hiscox Q1 IMS conference call attended by CFO Paul Cooper, moderator Sarah, analysts from UBS, J.P. Morgan, Barclays, RBC, Autonomous, Bank of America, Panmure Liberum.
• ICWP rose 10.2% to over USD 1.7 billion in first three months, driven by accelerating retail momentum; retail premiums grew 8% in constant currency, volume-led with modest 2% rate uplift.
• London Market ICWP increased 4% as average rate fell 4% amid softening in several property lines; management flagged selective growth in better-rated areas, launch of Hiscox Portfolio Solutions, rate adequacy still cited as 75% adequate or better.
• Hiscox Re ICWP grew 7.1% to USD 527 million on new third-party capital inflows; net ICWP fell 5.6% on lower property catastrophe rates, ILS AUM climbed to USD 2.4 billion with about USD 1 billion raised, much into cat bond fund that does not add written premium.
• Investment result was USD 34.1 million, return 0.4%, including USD 69.6 million unrealized fair value losses on fixed income; USD 300 million buyback reached 18% completion with 2,600,000 shares repurchased, change program kept on track for USD 75 million P&L benefit in 2026 toward USD 200 million annual benefit from 2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hiscox Ltd. published the original content used to generate this news brief on May 13, 2026, and is solely responsible for the information contained therein.