Hiscox UK and Ireland GWP up 12.5% in 2016
Profits for UK and Europe doubled in the past 12 months.
Hiscox UK and Ireland has posted a 12.5% hike in gross written premiums (GWP) to £498.6m (2015: £443.3m) in its results for the year ended 31 December 2016.
According to the insurer profits for the UK and Europe doubled from £59.6m in the preceding year to £122.0m in 2016.
Profit
The provider stated that its UK and Ireland broker channel remains a key driver of growth, particularly in professions and specialty commercial lines where it has expanded its appetite for larger risks.
For the whole
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