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Hiscox First Half 2025 Earnings: EPS Beats Expectations
Fri 08 Aug 25, 01:31 PMIs Hiscox Ltd's (LON:HSX) Recent Stock Performance Tethered To Its Strong Fundamentals?
Thu 07 Aug 25, 07:21 AMHiscox profits fall after £128m claims hit from LA wildfires
Wed 06 Aug 25, 08:34 AMWilton Bealle of Mile Marker Named Ad Age Media Planner of the Year
Tue 29 Jul 25, 12:00 PMInvestors in Hiscox (LON:HSX) have seen favorable returns of 52% over the past five years
Fri 28 Mar 25, 10:50 AMSapiens Cloud Adopted by Hiscox UK: Should You Watch the Stock?
Fri 14 Mar 25, 04:08 PMHiscox UK Goes Live with Sapiens Insurance Platform on Sapiens Cloud
Wed 12 Mar 25, 11:50 AMHiscox Full Year 2024 Earnings: EPS Beats Expectations
Sat 01 Mar 25, 09:54 AM| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Income before tax | 44.70M | 190.80M | -268.50000M | 53.10M | 137.38M |
| Minority interest | - | - | 1.10M | 1.10M | 1.10M |
| Net income | 41.70M | 189.50M | -293.70000M | 48.90M | 128.00M |
| Selling general administrative | 74.50M | 125.40M | 121.60M | 111.10M | 69.71M |
| Selling and marketing expenses | 12.40M | 5.60M | 65.60M | 109.50M | 69.71M |
| Gross profit | 3052.80M | 3287.70M | 3250.30M | 3184.40M | 550.70M |
| Reconciled depreciation | 60.00M | 58.30M | 56.80M | 44.60M | 33.18M |
| Ebit | 92.80M | 189.90M | -256.50000M | 43.70M | 172.05M |
| Ebitda | 152.80M | 248.20M | -199.70000M | 88.30M | 205.23M |
| Depreciation and amortization | 60.00M | 58.30M | 56.80M | 44.60M | 33.18M |
| Non operating income net other | - | - | - | - | - |
| Operating income | 92.80M | 189.90M | -256.50000M | 43.70M | 183.50M |
| Other operating expenses | 3008.10M | 3096.90M | 3518.80M | 3131.30M | 2731.64M |
| Interest expense | 48.10M | 50.80M | 44.00M | 36.60M | 34.67M |
| Tax provision | 3.00M | 1.30M | 25.20M | 4.20M | 9.38M |
| Interest income | 119.50M | 88.10M | 107.40M | 123.70M | 102.95M |
| Net interest income | -48.10000M | -50.80000M | -44.00000M | -36.60000M | -34.67300M |
| Extraordinary items | - | - | - | - | - |
| Non recurring | - | - | - | - | - |
| Other items | - | - | - | - | - |
| Income tax expense | 3.00M | 1.30M | 25.20M | 4.20M | 9.38M |
| Total revenue | 3052.80M | 3287.70M | 3250.30M | 3184.40M | 2869.01M |
| Total operating expenses | -2960.00000M | -3097.80000M | -3506.80000M | -3140.70000M | 226.53M |
| Cost of revenue | - | - | - | 2521.00M | 2107.80M |
| Total other income expense net | -48.10000M | 0.90M | -12.00000M | 9.40M | -17.05000M |
| Discontinued operations | - | - | - | - | - |
| Net income from continuing ops | 41.70M | 189.50M | -293.70000M | 48.90M | 128.00M |
| Net income applicable to common shares | 41.70M | 189.50M | -293.70000M | 48.90M | 117.90M |
| Preferred stock and other adjustments | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Total assets | 13722.20M | 13846.50M | 13856.20M | 12550.80M | 10846.31M |
| Intangible assets | 320.40M | 313.10M | 298.90M | 278.00M | 196.17M |
| Earning assets | - | - | - | - | - |
| Other current assets | - | 5977.10M | 5615.10M | 10967.30M | 9235.85M |
| Total liab | 11305.50M | 11307.20M | 11502.30M | 10361.10M | 8529.19M |
| Total stockholder equity | 2415.60M | 2538.20M | 2352.80M | 2188.60M | 2316.04M |
| Deferred long term liab | - | - | - | - | - |
| Other current liab | -381.80000M | -1638.40000M | -1338.40000M | -1422.90000M | -41.37300M |
| Common stock | 38.70M | 38.70M | 38.70M | 34.10M | 33.99M |
| Capital stock | 38.70M | 38.70M | 38.70M | 34.10M | 33.99M |
| Retained earnings | 2248.80M | 2272.00M | 2068.40M | 2410.30M | 2552.87M |
| Other liab | - | 35.20M | 4245.60M | 4202.30M | 3095.50M |
| Good will | 7.80M | 8.30M | 8.80M | 8.30M | 8.43M |
| Other assets | 6001.10M | 5977.10M | 5615.10M | 5342.80M | 10846.31M |
| Cash | 1350.90M | 1300.70M | 1577.20M | 1115.90M | 1289.21M |
| Cash and equivalents | - | - | - | - | - |
| Total current liabilities | 1443.70M | 1638.40M | 1338.40M | 1422.90M | 847.99M |
| Current deferred revenue | - | - | - | - | - |
| Net debt | -715.00000M | -554.20000M | -631.10000M | -387.70000M | -589.74500M |
| Short term debt | 7.10M | 2.80M | 2.80M | 2.60M | 2.35M |
| Short long term debt | 7.10M | 2.80M | 2.80M | 2.60M | 2.35M |
| Short long term debt total | 635.90M | 746.50M | 946.10M | 728.20M | 699.47M |
| Other stockholder equity | 128.10M | 227.50M | 245.70M | -255.80000M | -270.80800M |
| Property plant equipment | 133.10M | 90.40M | 109.40M | 128.40M | 61.40M |
| Total current assets | 1396.20M | 1351.60M | 1640.40M | 1177.10M | 10580.25M |
| Long term investments | 5817.70M | 6047.00M | 6121.70M | 5547.60M | 5039.24M |
| Net tangible assets | 2095.20M | 2225.10M | 2053.90M | 1910.60M | 2053.30M |
| Short term investments | 45.30M | 50.90M | 63.20M | 61.20M | 55.18M |
| Net receivables | 1532.50M | 4.90M | 972.60M | 972.40M | 830.90M |
| Long term debt | 628.80M | 743.70M | 943.30M | 725.60M | 697.12M |
| Inventory | - | - | - | - | - |
| Accounts payable | 1818.40M | 1635.60M | 1335.60M | 1420.30M | 845.64M |
| Total permanent equity | - | - | - | - | - |
| Noncontrolling interest in consolidated entity | - | - | - | - | - |
| Temporary equity redeemable noncontrolling interests | - | - | - | - | - |
| Accumulated other comprehensive income | - | - | -77.90000M | -75.70000M | -52.80400M |
| Additional paid in capital | - | - | - | - | - |
| Common stock total equity | - | - | 38.70M | 34.10M | 33.99M |
| Preferred stock total equity | - | - | - | - | - |
| Retained earnings total equity | - | - | - | - | - |
| Treasury stock | - | - | - | - | - |
| Accumulated amortization | - | - | - | - | - |
| Non currrent assets other | -6324.90000M | -6517.80000M | -6600.70000M | -6030.90000M | -5099.91200M |
| Deferred long term asset charges | - | - | - | - | - |
| Non current assets total | 6324.90M | 6517.80M | 6600.70M | 6030.90M | 266.06M |
| Capital lease obligations | 79.90M | 46.50M | 59.70M | 71.40M | - |
| Long term debt total | - | - | - | - | - |
| Breakdown | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
|---|---|---|---|---|---|
| Type | yearly | yearly | yearly | yearly | yearly |
| Date | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 |
| Investments | -81.90000M | -36.60000M | -52.70000M | -97.30000M | -59.63100M |
| Change to liabilities | 0.00000M | 0.00000M | 0.00000M | 0.00000M | 0.00000M |
| Total cashflows from investing activities | -81.90000M | -36.60000M | -52.70000M | -97.30000M | -59.60000M |
| Net borrowings | -71.20000M | -207.10000M | 166.10M | -15.50000M | 380.30M |
| Total cash from financing activities | -190.90000M | -246.20000M | 592.80M | -123.50000M | 202.15M |
| Change to operating activities | 23.40M | -300.60000M | 192.20M | 23.90M | 126.30M |
| Net income | 44.70M | 190.80M | -268.50000M | 53.10M | 137.38M |
| Change in cash | 50.20M | -276.50000M | 461.30M | -172.90000M | 421.08M |
| Begin period cash flow | 1300.70M | 1577.20M | 1115.90M | 1288.80M | 867.77M |
| End period cash flow | 1350.90M | 1300.70M | 1577.20M | 1115.90M | 1288.85M |
| Total cash from operating activities | 373.40M | 16.60M | -117.10000M | 39.50M | 300.47M |
| Issuance of capital stock | 0.10M | 0.10M | 450.60M | 3.60M | 4.05M |
| Depreciation | 60.00M | 58.30M | 56.80M | 44.60M | 33.18M |
| Other cashflows from investing activities | - | - | 18.80M | - | - |
| Dividends paid | 119.80M | 39.20M | 39.20M | 111.60M | 105.70M |
| Change to inventory | - | - | - | - | - |
| Change to account receivables | - | - | - | - | - |
| Sale purchase of stock | - | 0.00000M | -23.90000M | 3.60M | -76.47400M |
| Other cashflows from financing activities | 265.40M | -11.40000M | 455.50M | -15.50000M | 380.26M |
| Change to netincome | 248.30M | 69.40M | -69.00000M | -76.40000M | 23.00M |
| Capital expenditures | 82.80M | 58.90M | 71.50M | 97.30M | 59.63M |
| Change receivables | - | - | - | - | - |
| Cash flows other operating | - | - | - | - | - |
| Exchange rate changes | - | - | - | - | - |
| Cash and cash equivalents changes | - | - | - | - | - |
| Change in working capital | 23.40M | -300.60000M | 192.20M | 23.90M | 124.50M |
| Stock based compensation | 27.20M | 24.00M | 10.30M | 3.60M | -3.63800M |
| Other non cash items | 218.10M | 50.80M | 44.00M | 36.60M | 9.05M |
| Free cash flow | 290.60M | -42.30000M | -188.60000M | -57.80000M | 240.84M |
Sector: Financial Services Industry: Insurance - Property & Casualty
| Company | Change (GBX) | Price (GBX) | Trailing PE (x) | Forward PE (x) | Price Sales TTM (x) | Price to Book Value (x) | Enterprise Value to Revenue (x) |
|---|---|---|---|---|---|---|---|
| HSX Hiscox Ltd |
-3.0 0.20% | 1471.00 | 18.07 | 7.24 | 1.19 | 1.60 | 0.94 |
| ADM Admiral Group PLC |
-14.0 0.44% | 3146.00 | 10.59 | 12.92 | 1.63 | 6.19 | 1.94 |
| HUW Helios Underwriting PLC |
3.50 1.75% | 203.50 | 30.50 | 5.62 | 0.64 | 0.99 | 0.55 |
| PGH Personal Group Holdings PLC |
-11.8 3.83% | 296.20 | - | 12.12 | 0.57 | 1.82 | 0.40 |
Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. The company operates through four segments: Hiscox Retail, Hiscox London Market, Hiscox Re & ILS, and Corporate Centre. It offers commercial insurance for small-and medium-sized businesses; and personal lines cover, including high-value household, fine art, luxury motor, classic car, and partners and direct-to-consumer using both traditional and digital trading models. The company also provides property insurance; marine and energy insurance; aviation insurance; casualty insurance; specialty insurance; kidnap and ransom insurance; and other specialty insurance, such as contingency, terrorism, personal accident, and product recall. In addition, it offers healthcare and casualty reinsurance services, as well as investment services. Hiscox Ltd was founded in 1901 and is headquartered in Pembroke, Bermuda.
Chesney House, Pembroke, Bermuda, HM 08
| Name | Title | Year Born |
|---|---|---|
| Mr. Hamayou Akbar Hussain | Group CEO & Exec. Director | 1973 |
| Mr. Bronislaw Edmund Masojada | Chairman of Direct Asia | 1961 |
| Mr. Paul David Cooper | Group CFO & Exec. Director | 1972 |
| Mr. Stephane Flaquet | Group Chief Operations & Technology Officer | NA |
| Mr. James Millard CFA | Chief Investment Officer | NA |
| Dr. Yana O'Sullivan | Group Head of Investor Relations | NA |
| Jason Jones | Group Compliance & Audit Director | NA |
| Mr. Marc Wetherhill | Group Gen. Counsel & Company Sec. | 1973 |
| Ms. Kylie O'Connor | Group Communications Director | NA |
| Ms. Regine Fiddler | Chief Marketing Officer | NA |
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