(HSX) Hiscox

Underpinned by a decent dividend of 5.86, but nothing like the dividend yields you can get elsewhere in the sector

www.dividendmax.co.uk

Or just the result of a hurricane free season?

Number one tip - Dividends

www.dividendmax.co.uk

http://www.dividendmax.co.uk/sectors/nonlife-insurance/companies/hiscox-ltd

New report just published:
http://www.equitydevelopment.co.uk/

Financial round up(HDU;AML;HSX;HAT):
http://www.equitydevelopment.co.uk/login

Insurance is for Catastrophes

Analyst:John Borgars Published on 26/08/11

Dear SpikeyDT,

Here is our latest analyst report on Financial round up:

Catastrophes are centre-stage again, but the market impact is more than usually non-uniform this time around. The first half of 2011 was the most expensive (in nominal money terms) for the insurance industry as a whole of any first half since Lloyd’s was founded. The insured cost of catastrophes is variously estimated to be from $60bn to over $100 billion

If there are no expensive hurricanes Hardy should make a modest profit this year; if we should have a bad season it might even make a loss but premiums and profits next year would be better. Either way, a discount to NAV makes it look cheap.

Pawnbroking: excellent results from H&T and the benefit of the boom on sales of gold is that they have financed expansion at a rate that could not be borne within banking covenants from the core business. With sound long term fundamentals the shares look far too lowly rated on 8.5x PFER
Download full report click here
Symbol/Epic HDU;AML;HSX;HAT
Listing various
Sector Insurance, Pawnbroking
Price n/a
Market Capitalisation n/a


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