Is Hiscox stock a buy right now?
Hiscox Ltd (HSX.L) stands as a distinctive presence within the UK-listed specialist insurance sector. Currently, shares trade at approximately £1,108.00, with an average daily trading volume of 1.05 million shares, signalling solid investor engagement. Although Hiscox’s price performance has been moderately volatile—down 7.35% for the week but slightly positive over six months—the company’s latest Q1 trading statement delivered reassuring growth, notably 6.1% in its Retail division and a return to expansion in its London Market segment. While the proposal of a £175 million share buyback and robust digital transformation continue to underpin management’s confidence, short-term technical signals appear mixed. However, the low RSI suggests the shares might be oversold, placing the current price near major historical support levels—a potential opening for long-term investors. In context, the insurance industry faces headwinds from softening pricing and catastrophe risks, yet Hiscox’s record profits and disciplined approach stand out. The consensus target of £1,440 from over 27 national and international banks reflects forward-looking optimism. As the company approaches its much-anticipated Capital Markets Day this month, market sentiment remains constructive, with Hiscox’s diversified strengths continuing to draw attention within the competitive insurance landscape.
- Diversified specialist insurer, reducing risk across retail, reinsurance, and London market segments.
- Valuation remains attractive with a low P/E ratio of 8.28 relative to peers.
- Sustained profit growth, including record profits for the second consecutive year.
- Active capital return through share buybacks and competitive 2.93% dividend yield.
- Strong digital expansion, particularly direct growth within US and UK retail segments.
- Exposure to large natural catastrophe events can cause episodic earnings volatility.
- Sector-wide pricing softening may put moderate pressure on profit margins.
- What is Hiscox?
- How much is Hiscox stock?
- Our full analysis on Hiscox </b>stock
- How to buy Hiscox stock in United Kingdom?
- Our 7 tips for buying Hiscox stock
- The latest news about Hiscox
- FAQ
Why trust HelloSafe?
At HelloSafe, our expert has been monitoring the performance of Hiscox for more than three years. Every month, hundreds of thousands of users in the United Kingdom rely on us to interpret market trends and highlight the most promising investment opportunities. Our insights are provided for informational purposes only and do not constitute investment advice. In line with our ethical charter, we have never been, and never will be, paid by Hiscox.
What is Hiscox?
| Indicator | Value | Analysis |
|---|---|---|
| 🏳️ Nationality | Bermuda/UK | Bermuda-registered, listed in London; serves UK and global markets. |
| 💼 Market | London Stock Exchange (LSE: HSX) | Traded on LSE; subject to UK regulatory and investor environment. |
| 🏛️ ISIN code | BMG4593F1389 | Unique identifier for global trading and portfolio tracking. |
| 👤 CEO | Aki Hussain | Current CEO since 2021; experienced in insurance and financial services. |
| 🏢 Market cap | £3.74 billion | Indicates mid-cap status and suggests moderate liquidity and institutional interest. |
| 📈 Revenue | $1.56 billion (Q1 2025 ICWP) | Modest 2.4% growth; consistent strength in retail and London Market segments. |
| 💹 EBITDA | Not publicly specified (see profit data) | Record profits in FY 2024; strong underlying operational performance, despite catastrophe losses. |
| 📊 P/E Ratio (Price/Earnings) | 8.28 | Attractive valuation below sector average, signaling potential undervaluation or risk factors. |
How much is Hiscox stock?
The price of Hiscox stock is falling this week. As of today, HSX trades at £1,108.00, reflecting a 24-hour decrease of 0.09% and a notable 7.35% decline over the past week. The company’s market capitalization stands at £3.74 billion, with an average three-month daily volume of 1.05 million shares.
Hiscox currently offers a P/E ratio of 8.28 and a dividend yield of 2.93%, while its stock beta is 0.48, suggesting relatively low price volatility. In the context of recent market movements and solid fundamentals, investors may see both caution and opportunity at these levels.
Compare the best brokers in the UK!Compare brokersOur full analysis on Hiscox stock
Having thoroughly reviewed Hiscox’s latest financial disclosures and examined the stock’s price action through various economic cycles, we have leveraged our proprietary algorithms—aggregating fundamental analysis, technical momentum, and peer benchmarking—to assess the opportunity Hiscox presents in the current environment. Hiscox, a stalwart in specialist insurance on the LSE, offers an intriguing valuation, robust operating metrics, and evolving catalysts that demand attention. So, why might Hiscox stock once again become a strategic entry point into the insurance and financial services sector in 2025?
Recent Performance and Market Context
Hiscox’s recent share price performance exemplifies both the challenges and resilience seen in the broader insurance sector. As of 2 May 2025, the share trades at £1,108, with the past week marking a modest retreat of 7.35%, yet a positive trajectory is maintained on a six-month basis (+1.37%). While the 1-year return stands at -5.62%, this relative underperformance, compared to the sector, coincides with a period of broader headwinds impacting financial services, particularly specialty insurers navigating both catastrophic claims and macroeconomic recalibrations.
Nevertheless, several positive events underpin renewed optimism:
- Q1 2025 performance: Hiscox reported growth in written premiums (+2.4% YoY), with Hiscox Retail—its US and European engine—growing 6.1% in constant currency. These are robust numbers in a market seeing rate softening for the first time in seven years.
- London Market division rebound: After a subdued 2024, this strategically important division achieved a 4.0% uptick.
- Investment returns: Still positive, with $114.1 million, enhancing contributive earnings stability.
- Management confidence: The recently announced £175 million share buyback programme indicates strong liquidity and a commitment to returning capital to shareholders.
Underpinning the sectoral and macroeconomic backdrop are stabilising interest rates, favouring insurance company investment income, and a persistently high demand for specialist risk coverage in digital and commercial domains. Hiscox’s international diversification, especially its digital US growth, positions it favourably relative to more domestically concentrated peers.
Technical Analysis
From a technical perspective, Hiscox is currently presenting conditions that could precede a favourable reversal. The 14-day Relative Strength Index (RSI) resides in the low 30s—deeply into oversold territory—signalling that sellers may be exhausted and buyers could soon regain the initiative. Furthermore:
- The share price sits at £1,108, only marginally above the year’s technical support levels (£1,089 and £1,069), while remaining considerably removed from the £1,282 52-week high—giving ample upside potential.
- Short-term momentum, as indicated by moving averages, shows the share trading below the 9-day (£1,121) and 18-day (£1,120) lines, as well as the 40-day (£1,142)—all signals traditionally associated with a possible near-term bottom.
- The MACD presents mixed signals across analytic platforms, but this ambiguity creates a fertile set-up for mean-reversion strategies, especially given the fundamentally strong backdrop.
- Fibonacci retracement analysis identifies the £1,177 zone as the first formidable resistance on any bounce, suggesting a near 6% upside from current levels should momentum shift.
- A low five-year beta (0.48) underlines the stock’s relative stability compared to typical sector volatility, highlighting a lower risk of outsized drawdowns from these technical lows.
Technical evidence thus supports the view that Hiscox may be in the process of bottoming, with any stabilisation presenting a compelling risk/reward scenario.
Fundamental Analysis
On fundamental grounds, Hiscox’s value proposition appears increasingly attractive:
- Valuation: The company currently trades at an 8.28 times trailing earnings multiple, a discount to both historical averages and sector peers. This low P/E, combined with a solid 2.93% dividend yield, positions Hiscox as one of the more attractively priced names in specialist insurance on the LSE.
- Profitability: Hiscox delivered record profits for the second consecutive year in 2024, signalling earnings resilience despite significant one-off catastrophe charges (notably the £134m California wildfire loss).
- Growth: Q1 2025 saw group premiums (“ICWP”) rise 2.4% and Retail surge 6.1% in constant currencies—testament to the group’s brand resonance and distribution reach, particularly the scalable US and European digital franchises.
- Balance sheet & capital: A robust capital position, highlighted by a progressive share repurchase programme, not only fortifies the balance sheet but demonstrates management’s conviction in intrinsic value.
- Strategic agility: Hiscox’s ability to shift capacity towards more profitable lines—illustrated by returns to London Market growth and cycle management excellence—anchors its position as a nimble, innovative operator in a highly cyclical sector.
- Innovation and brand: Hiscox remains a forerunner in digital distribution—a pivotal strategic differentiator as insurance increasingly migrates online. The firm’s established brand and tailored product sets reinforce market share gains, especially in SMEs and high net worth segments.
These fundamentals argue for a landscape where earnings and margin expansion remain achievable, particularly as sector pricing stabilises.
Volume and Liquidity
Market confidence in Hiscox remains illustrated by robust liquidity and volume patterns:
- Volume: Average daily traded volume over the last three months exceeded 1.05 million shares—ample for institutional and retail engagement, without the liquidity gaps often seen in more thinly traded financials.
- Market Cap: With a capitalisation of £3.74 billion, Hiscox maintains a mid-cap profile, ensuring prime index inclusion and a broad base of coverage by both passive and active funds.
- Free float: The stock’s free float, coupled with the ongoing buyback, allows for dynamic valuation elasticity while insulating from outsized volatility—qualities that often precede reratings by major market participants.
In sum, trading patterns point to both sustained market interest and the necessary liquidity for efficient portfolio allocation.
Catalysts and Positive Outlook
Looking ahead, several clear catalysts could propel Hiscox towards a new bullish phase:
- Capital Markets Day (22 May 2025): Management is widely expected to update on digital expansion, capital management, and underwriting strategy. Such events historically coincide with positive price action, particularly when strategic surprise or upside guidance is issued.
- Share buyback: The ongoing £175 million programme provides a clear technical and fundamental tailwind, with further buyback accelerations possible in-line with capital generation.
- US digital retail: The US—Hiscox’s fastest growing geography—still harbours immense white space for digital insurance penetration. Announcements or guidance upgrades could provide further impetus.
- ESG momentum: Hiscox’s leadership in risk management, sustainability, and digital innovation continues to receive investor recognition. ESG-related flows remain a structural long-term tailwind.
- Rate stabilisation: While the market has witnessed initial softening in some insurance lines, stabilising sector pricing and continued high demand for coverage post-volatility bodes well for margin protection in the coming 12–24 months.
- Regulatory clarity: Recent UK and US regulatory developments have reduced uncertainty for specialty carriers, with the potential for capital release or margin enhancement on improved solvency ratios.
Taken together, these factors not only support an optimistic medium-term outlook, but also set the framework for a near-term sentiment shift should one or more be realised.
Investment Strategies
Hiscox’s current positioning offers several entry pathways tailored to different investor horizons:
- Short-term (1–3 months):
- The proximity to technical support and deeply oversold RSI suggest a near-term rebound could materialise, especially on positive surprise from the upcoming Capital Markets Day or further buyback activity.
- Tight risk management around the £1,069 and £1,008 levels provides clear stop-loss structure.
- Medium-term (3–12 months):
- Anticipated delivery on digital/differentiation strategies and positive trends in premium growth offer scope for rerating to an earnings or book value multiple more in line with historic sector norms.
- Capital returns, notably ongoing buybacks and stable dividends, can support price while the market digests both macro and sector shifts.
- Long-term (1 year+):
- Hiscox’s strategic realignment around digital retail, robust capitalisation, and optionality around growing global insurance demand position it as a potential compounder within the financial sector.
- The valuation implies a margin of safety, while the consistent dividend yield and buyback optionality could enhance total returns for patient investors.
Ideal positioning would be to initiate or add exposure as the stock consolidates above current support levels and in anticipation of strategic catalyst events—particularly where the risk/reward balance is clearly favoured.
Is It the Right Time to Buy Hiscox?
Synthesising the above, Hiscox currently demonstrates a rare confluence of technical, fundamental, and strategic strengths:
- Valuation is attractively discounted, with a double-digit earnings yield and healthy dividend.
- The business is operationally robust, continuing to deliver premium growth and record profits in both stable and adverse climates.
- Technical oversold signals are well-supported by robust liquidity, suggesting a favourable entry point.
- Management’s alignment with shareholders is underlined by a major buyback and balance sheet strength.
- Several imminent catalysts, notably Capital Markets Day and further digital expansion, provide tangible triggers for sentiment and valuation re-rating.
In summary, Hiscox seems to represent an excellent opportunity for investors attuned to both short-term tactical positioning and medium-to-long-term structural growth. The stock’s location near major support, combined with strong fundamentals and identifiable catalysts, justifies renewed interest at current levels as the company stands on the threshold of its next development phase.
With its compelling risk/reward setup and clear roadmap for value creation, Hiscox may well be entering a new bullish phase—making it a stock that prudent investors should give serious consideration in the current environment.
How to buy Hiscox stock in United Kingdom?
Buying Hiscox stock online is both straightforward and secure when you use a regulated UK broker. Investors generally choose between two main methods: purchasing the shares outright (“spot buying”) or trading contracts for difference (CFDs), which allow speculation on price movements without owning the underlying shares. Each method suits different investor profiles, with spot buying ideal for traditional portfolio building and CFDs attracting those seeking leveraged exposure and short-term trading opportunities. To help you find the best fit for your needs, you'll find a broker comparison further down the page.
Spot Buying
Spot buying means purchasing actual Hiscox shares on the London Stock Exchange (LSE: HSX) in your name, giving you direct ownership. You can hold these shares in an investment account, ISA, or SIPP, receive dividends, and benefit from any increase in share price. UK brokers typically charge a fixed commission per transaction—often between £5 and £10 per order.
Example
Suppose the current Hiscox share price is £1,108.00. With a £1,000 investment (including a £5 brokerage fee), you can buy around 0.90 shares (rounded down, actual number will depend on the broker’s fractional share policy).
Gain scenario: If Hiscox shares rise by 10% to £1,218.80, your investment is now worth around £1,100.
Result: £100 gross gain (+10%), before any taxes or further commissions.
Trading via CFD
CFD trading allows you to speculate on Hiscox’s share price without owning the stock. With a CFD, you can go long (profit if the price rises) or short (profit if it falls), and use leverage to multiply your market exposure—though this increases potential risk. Fees include the bid/ask spread and daily overnight financing charges for holding leveraged positions.
Example
You open a CFD on Hiscox with £1,000 of your own capital and 5x leverage, providing market exposure of £5,000.
Gain scenario: If Hiscox shares rise by 8%, your position increases by 8% × 5 = 40%.
Result: £400 gain on your initial £1,000 stake (excluding fees).
Final Advice
Before you invest in Hiscox stock, it’s essential to compare brokers’ fees, account types, and trading features to ensure they fit your strategy. Some brokers are better suited to regular investors (with lower spot buying commissions), while others specialise in CFD trading with tight spreads and advanced leverage options. Your choice should reflect your investment goals, risk appetite, and preferred trading style. For a detailed comparison, see the broker table further down the page.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is EightCap reliable?
Yes, EightCap is a trusted platform, regulated by the FCA (UK) and the ASIC (Australia). Since 2009, it has ensured the security of funds with segregated accounts and a rigorously regulated trading environment. If you are looking for a reliable broker to get started, EightCap is a safe platform, recognised in the industry.
Why choose EightCap?
EightCap combines performance and flexibility. The platform offers a wide selection of assets and tools like TradingView, perfect for demanding traders. Are you a novice? No problem: its demo accounts and innovative integrations like TradingView make learning intuitive and efficient.
What are the fees at EightCap?
At EightCap, fees depend on the account you choose: Raw accounts display spreads starting from 0 pips, with a commission of $3.5 per lot. Standard accounts, on the other hand, have slightly higher spreads but no commissions. No fees on deposits or withdrawals, for clear and controlled costs.
Who is EightCap for?
Whether you are a beginner or an experienced trader, EightCap is designed to meet your needs. Are you starting out? Take advantage of guides and demo accounts to understand the basics. Are you more advanced? Tools like TradingView and competitive spreads will allow you to go further in your strategies.
Is it easy to withdraw your money from EightCap?
Withdrawing your winnings on EightCap is simple and fast. Requests are processed within 24 hours and you can use flexible options such as bank transfer, cards or electronic wallets. Security and speed are at the heart of the service.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is eToro reliable?
Yes, eToro is a reliable platform, regulated by leading authorities, including the FCA (United Kingdom), ASIC (Australia), and CySEC in Europe. With over 30 million users worldwide, eToro is widely recognised for its security and transparency. According to our analysis, this broker is among the most reliable in the market, and we have not found any complaints regarding the security of funds.
Why choose eToro?
With eToro, you don't need to be an expert to get started. Its intuitive interface and unique tool, the CopyTrader, allow you to copy the best traders to learn while you invest.
You get access to thousands of assets, such as stocks, cryptos, Forex and commodities, all with an active community to exchange ideas: eToro makes investing simple, interactive and educational. It's like the Spotify of investing.
What are the fees at eToro?
eToro is transparent about its fees: no commission on the purchase of shares or ETFs. Spreads vary depending on the asset, but remain very affordable.
Deposit is free, and withdrawal is set at $5. In the event that you remain inactive for 12 months or more, a fee of $10 per month applies.
Finally, the fees charged are also clearly mentioned on its website (we can't say the same for all competitors).
Who is eToro for?
eToro is mainly aimed at beginners and intermediates, thanks to its simplicity and its educational approach. If you want to diversify your portfolio or learn by observing the best traders, this platform is ideal.
Investors looking for a modern and intuitive experience will also find their account here, with a key argument: a real variety of assets (stocks, cryptocurrencies, ETFs).
Is it easy to withdraw your money from eToro?
Yes, withdrawing your winnings from eToro is as easy as investing. With options like PayPal, bank transfer or credit card, eToro processes your requests within 1 to 3 business days.
The platform guarantees transparency of fees, and the procedure is explained step by step, ensuring you have permanent access to your funds. After analysing thousands of customer cases, no such problem has been reported.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Is AvaTrade reliable?
AvaTrade is a trusted broker, regulated by major institutions including the Central Bank of Ireland, ASIC (Australia) and FSA (Japan). Operating since 2006, it offers strong guarantees, including the segregation of client funds and strict adherence to international standards. With over 300,000 active users, it inspires confidence in both beginner and experienced traders.
Why choose AvaTrade?
AvaTrade combines simplicity and expertise. The free tutorials, demo accounts and training help you learn at your own pace. Advanced tools like MT4/MT5 offer endless possibilities once you progress. You don’t need to be an expert: AvaTrade adapts to you.
What are the fees at AvaTrade?
AvaTrade offers simple and affordable fees: competitive fixed spreads, no deposit or withdrawal fees, and avoidable inactivity costs with regular use. You can focus on learning and your investments, without any surprises when it comes to paying.
Who is AvaTrade for?
AvaTrade is for everyone: beginners can benefit from detailed educational content and demo accounts, while advanced traders will find tools like automated trading or Vanilla options. If you’re looking for a reliable platform to develop your skills or diversify your assets, AvaTrade is an excellent choice.
Is it easy to withdraw money from AvaTrade?
Yes, AvaTrade offers a fast and secure withdrawal process. Once your account is verified, your requests are processed within 1 to 2 business days. You can use various options such as bank cards, bank transfer or electronic wallets. Everything is designed to give you quick, clear and secure access.
Our 7 tips for buying Hiscox stock
| Step | Specific tip for Hiscox |
|---|---|
| Analyze the market | Review Hiscox’s recent financial results and sector outlook; note its diversified insurance operations and record profits, and consider how industry trends and recent technical weakness could impact its share price. |
| Choose the right trading platform | Select a trusted UK broker that provides access to the London Stock Exchange, supports ISA or SIPP accounts, and offers low dealing fees for purchasing HSX shares. |
| Define your investment budget | Decide in advance how much to invest in Hiscox, taking into account your wider portfolio; with Hiscox’s volatility and sector risks, avoid overexposure and consider spreading risk across several stocks. |
| Choose a strategy (short or long term) | Decide between a short-term trade to benefit from oversold technical conditions, or a long-term investment based on Hiscox’s strong fundamentals, dividend yield, and ongoing share buyback programme. |
| Monitor news and financial results | Stay informed about key Hiscox events, including earnings releases, the upcoming Capital Markets Day, and industry news, as these can provide important insight and trigger price movement. |
| Use risk management tools | Utilise stop-loss orders to limit downside if prices fall below key support levels, and position sizing to ensure losses on Hiscox do not significantly impact your overall portfolio. |
| Sell at the right time | Plan to take profits at resistance levels or if fundamentals change; review your strategy near catalysts like results announcements, and avoid emotional decisions by using your predefined exit plan. |
The latest news about Hiscox
Hiscox delivered robust Q1 2025 results with Group written premiums rising 2.4% and continued retail growth. The trading statement released on May 1 highlighted that Hiscox Retail grew by 6.1% in constant currency, with London Market premiums also up by 4.0%—a notable return to growth after a challenging period. Despite a slight dip of 1.0% in the Hiscox Re & ILS segment, the investment result was positive, with $114.1 million in profits representing a 1.4% year-to-date return. This stability and uptrend in core UK-relevant segments underscore the company's strength in its home market.
Hiscox is continuing its substantial share buyback programme, affirming management confidence and returning value to UK shareholders. As announced on February 27, the £175 million buyback—of which £33 million has already been executed—shows ongoing capital discipline. Such initiatives directly reward investors and signal a positive outlook from the board amidst sector-wide uncertainty, providing a constructive underpinning for the share price despite recent volatility.
The stock is trading near important technical support with an oversold RSI, highlighting potential opportunity for UK investors. With the 14-day RSI in the low 30s and the share price currently near key support levels (notably £1,089), technical conditions suggest the stock could be poised for a rebound if sentiment stabilizes. This may attract value-focused UK investors and fund managers seeking entry on weakness within an established LSE-listed insurer.
Valuation remains attractive with a low price-to-earnings ratio and a solid dividend yield, supporting UK income strategies. Hiscox trades at just 8.28 times earnings—below industry averages—while offering a 2.93% dividend yield, making the stock appealing for investors utilizing ISAs or SIPPs. These fundamentals, alongside demonstrated resilience and continued digital growth, reinforce the appeal for income-focused or long-term holders in the UK market.
The upcoming Capital Markets Day on May 22, 2025, is a key near-term UK catalyst and source of potential positive re-rating. Set for late May, this event is expected to provide deeper insights into Hiscox’s strategic direction, digital investments, and UK market initiatives, which could influence analyst perceptions and trigger renewed interest or upgrades. Given the company's emphasis on digital partnerships and profitable cycle management, any announced shifts or expansions in UK-centric strategy will be closely watched by both the market and the broader financial community.
FAQ
What is the latest dividend for Hiscox stock?
Hiscox stock currently pays a dividend, with a recent yield of 2.93%. The most recent ex-dividend date was April 24, 2025. The company continues its policy of stable, regular dividend payments, supported by consistent profitability over the last two years. Shareholders have benefited from a strong record of dividends, reflecting Hiscox’s robust financial position and ongoing growth in core segments.
What is the forecast for Hiscox stock in 2025, 2026, and 2027?
Based on current trends, the projected share prices for Hiscox are: £1,440.40 at the end of 2025, £1,662.00 at the end of 2026, and £2,216.00 by the end of 2027. These forecasts reflect an optimistic outlook, supported by recent record profits, resilient business fundamentals, and continued demand for specialty insurance. Market analysts also point to ongoing digital investments and a substantial share buyback program as supporting future growth potential.
Should I sell my Hiscox shares?
Given Hiscox’s low valuation, strong balance sheet, and diversified business model, continuing to hold your shares may be appropriate for many long-term investors. The company has shown strategic resilience and delivered record profits, with further growth expected in retail and London Market segments. Industry tailwinds and a robust share buyback scheme also provide supportive dynamics for future performance.
Is Hiscox eligible for a UK ISA or SIPP, and how are dividends taxed?
Hiscox shares can be held in both UK ISA and SIPP accounts, making them accessible for tax-efficient investing. Dividends paid by Hiscox are subject to standard UK dividend tax rules, with the first £500 of total dividends tax-free (as of 2024/25). No withholding tax applies at source, and holding shares in an ISA or SIPP shelters all gains and income from UK tax.
What is the latest dividend for Hiscox stock?
Hiscox stock currently pays a dividend, with a recent yield of 2.93%. The most recent ex-dividend date was April 24, 2025. The company continues its policy of stable, regular dividend payments, supported by consistent profitability over the last two years. Shareholders have benefited from a strong record of dividends, reflecting Hiscox’s robust financial position and ongoing growth in core segments.
What is the forecast for Hiscox stock in 2025, 2026, and 2027?
Based on current trends, the projected share prices for Hiscox are: £1,440.40 at the end of 2025, £1,662.00 at the end of 2026, and £2,216.00 by the end of 2027. These forecasts reflect an optimistic outlook, supported by recent record profits, resilient business fundamentals, and continued demand for specialty insurance. Market analysts also point to ongoing digital investments and a substantial share buyback program as supporting future growth potential.
Should I sell my Hiscox shares?
Given Hiscox’s low valuation, strong balance sheet, and diversified business model, continuing to hold your shares may be appropriate for many long-term investors. The company has shown strategic resilience and delivered record profits, with further growth expected in retail and London Market segments. Industry tailwinds and a robust share buyback scheme also provide supportive dynamics for future performance.
Is Hiscox eligible for a UK ISA or SIPP, and how are dividends taxed?
Hiscox shares can be held in both UK ISA and SIPP accounts, making them accessible for tax-efficient investing. Dividends paid by Hiscox are subject to standard UK dividend tax rules, with the first £500 of total dividends tax-free (as of 2024/25). No withholding tax applies at source, and holding shares in an ISA or SIPP shelters all gains and income from UK tax.
