The Hiscox Ltd Board have recommended a final dividend of 29.9¢ per share to be paid, subject to shareholder approval, on 15 May 2025 to shareholders registered on 25 April 2025. Dividends will be paid in Sterling unless shareholders elect to be paid in US Dollars. The foreign exchange rate to convert the dividends declared in US Dollars into Sterling will be based on the average exchange rate in the five business days prior to the Scrip Dividend price being determined. On this occasion, the period will be between 20 May 2025 and 27 May 2025 inclusive.
Other financial highlights include:
• Insurance contract written premium (ICWP) grew by 3.7% or $168.7 million to $4,766.9 million (2023: $4,598.2 million), driven by Retail premium growth of $147.3 million.
• Disciplined underwriting in an active loss environment resulted in an undiscounted combined ratio of 89.2% (2023: 89.8%).
• Solid investment result of $383.9 million (2023: $384.4 million).
• Record profit before tax of $685.4 million, up 9.5% year-on-year, and ROE of 19.8% (2023: 21.8%2).
• Hiscox to hold a capital markets day on 22 May 2025.
