Hiscox Ltd 2021 AR2
The report highlights Hiscox Ltd's financial and operational performance for 2021, delivering a pre-tax profit of $190.8 million and a combined ratio of 93.2% despite elevated natural catastrophe losses. The company made significant progress on its ESG agenda by implementing its ESG exclusions policy to reduce exposure to carbon-intensive industries by 2030 and setting new greenhouse gas reduction targets aligned with a 1.5°C net-zero pathway by 2050. Additionally, Hiscox became a signatory to both the Principles for Responsible Investment (PRI) and the Principles for Sustainable Insurance (PSI), while continuing to support its communities with $1.5 million in charitable donations.
Company: Hiscox Ltd
Sector: Finance & insurance
Country: Bermuda
Year: 2021
Type: AR2
Pages: 214
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Hiscox Ltd
Report And Accounts
The report highlights Hiscox Ltd's financial and operational performance for 2021, delivering a pre-tax profit of $190.8 million and a combined ratio of 93.2% despite elevated natural catastrophe losses. The company made significant progress on its ESG agenda by implementing its ESG exclusions policy to reduce exposure to carbon-intensive industries by 2030 and setting new greenhouse gas reduction targets aligned with a 1.5°C net-zero pathway by 2050. Additionally, Hiscox became a signatory to both the Principles for Responsible Investment (PRI) and the Principles for Sustainable Insurance (PSI), while continuing to support its communities with $1.5 million in charitable donations.
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Document Details
Report Year
2021
Reporting Period
Jan 1, 2021 - Dec 31, 2021
Fiscal Year
2021
Published
Mar 1, 2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees