Hiscox Ltd 2023 AR2

The report highlights Hiscox Ltd's record performance in 2023, delivering a record profit before tax of $625.9 million, driven by a 36% improvement in the underwriting result and record net investment income of $384.4 million. The company achieved a net combined ratio of 89.8% and a return on equity of 21.8%. Hiscox also launched its first ESG sub-syndicate, ESG 3033, to support the green economy transition, underwriting renewable energy risks globally. Additionally, the company maintained a high employee engagement score of 82% and committed to a new ethnic minority representation target of 13% in senior management by 2027.

Company: Hiscox Ltd

Sector: Financials

Country: Bermuda

Year: 2023

Type: AR2

Pages: 252

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Hiscox Ltd

Hiscox Ltd 2023 Report and Accounts

Report And Accounts

The report highlights Hiscox Ltd's record performance in 2023, delivering a record profit before tax of $625.9 million, driven by a 36% improvement in the underwriting result and record net investment income of $384.4 million. The company achieved a net combined ratio of 89.8% and a return on equity of 21.8%. Hiscox also launched its first ESG sub-syndicate, ESG 3033, to support the green economy transition, underwriting renewable energy risks globally. Additionally, the company maintained a high employee engagement score of 82% and committed to a new ethnic minority representation target of 13% in senior management by 2027.

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Document Details

Report Year

2023

Reporting Period

Jan 1, 2023 - Dec 31, 2023

Fiscal Year

2023

Type

Annual Report with Sustainability Disclosures

Language

English

Pages

 

File Size

 

Standards & Assurance

Reporting Standards

Materiality Assessment

Assurance

Assurance Provider

Assurance Standard

ESG Data?Experimental — AI-extracted data, may contain inaccuracies

Emissions

Scope 1:

Scope 2:

Energy Consumption

Total Waste

Women on Board

Women in Management

Net Zero Target

Employees