Hiscox Ltd 2024 AR2
The report highlights Hiscox Ltd's financial and operational performance for the fiscal year 2024, delivering a record profit before tax of $685.4 million and an undiscounted combined ratio of 89.2%. The company achieved a 9% reduction in Scope 1 and 2 greenhouse gas emissions compared to its 2020 baseline, progressing toward its target of a 50% reduction by 2030. Hiscox also maintained a high global employee engagement score of 82% and achieved an exceptional retail claims transactional net promoter score of 72. Additionally, the company advanced its digital capabilities by launching an AI-enhanced lead underwriting model in collaboration with Google Cloud.
Company: Hiscox Ltd
Sector: Financials
Country: Bermuda
Year: 2024
Type: AR2
Pages: 250
Hiscox Ltd
Report And Accounts
The report highlights Hiscox Ltd's financial and operational performance for the fiscal year 2024, delivering a record profit before tax of $685.4 million and an undiscounted combined ratio of 89.2%. The company achieved a 9% reduction in Scope 1 and 2 greenhouse gas emissions compared to its 2020 baseline, progressing toward its target of a 50% reduction by 2030. Hiscox also maintained a high global employee engagement score of 82% and achieved an exceptional retail claims transactional net promoter score of 72. Additionally, the company advanced its digital capabilities by launching an AI-enhanced lead underwriting model in collaboration with Google Cloud.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Published
Feb 12, 2025
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Water Consumption
Total Waste
Women on Board
Women in Management
Net Zero Target
Employees