The Hiscox Ltd Board has declared an interim dividend of 14.4¢ per share (30 June 2024: 13.2¢ per share) payable on 23 September 2025 to shareholders registered on 15 August 2025 in respect of the six months to 30 June 2025. The dividends will be paid in Sterling unless shareholders elect to be paid in US Dollars.
Other financial highlights include:
• Insurance contract written premium (ICWP) grew by 5.7% to $2,941.6 million (H1 2024: $2,781.9 million), with all three business segments growing and Retail contributing the majority of the growth.
• Undiscounted combined ratio of 92.6% (H1 2024: 90.4%) underpinned by margin expansion in Hiscox Retail, Hiscox London Market delivering a fifth consecutive undiscounted combined ratio in the 80s and Hiscox Re & ILS continuing to deliver underwriting profits after absorbing the California wildfires loss.
• Solid investment result of $234.9 million (H1 2024: $152.4 million) reflects the sustained earn-through of higher coupons and some fair value gains.
• Adjusted operating profit before tax of $262.0 million (H1 2024: $288.1 million), and operating ROTE of 14.5% (H1 2024: 20.3%).
• Ongoing share buyback increased by $100 million to $275 million, reflecting strong organic capital generation and capital management actions in the first half.
