Hamilton, Bermuda (5 November 2012) -- Hiscox Ltd (LSE:HSX), the international specialist insurer, today issues its Interim Management Statement for the first nine months of the year to 30 September 2012.
Hiscox's gross written premiums increased year on year by 6.4% to £1,244.4 million (2011: £1,169.5 million) as the Group grew where rates are rising, particularly US errors and omissions and internationally traded US property business.
Bronek Masojada, Chief Executive, commented: "Until Superstorm Sandy hit last week it had been a relatively quiet year for Hiscox which puts us in a good position to absorb any losses. The devastation wreaked by Sandy reminds us all of the critical role insurers play in people's lives. Our focus now is to help our clients get back on their feet."
