Hiscox surges as Sompo, Generali said to be interested in takeover
Hiscox Limited (DI)
1,066.00p
14:30 05/11/24
0.47%
5.00p
Hiscox surged on Monday following a report that two rivals are considering takeover bids for the insurer.
FTSE 250
20,433.03
14:30 05/11/24
n/a
n/a
FTSE 350
4,496.24
14:30 05/11/24
n/a
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FTSE All-Share
4,453.89
14:30 05/11/24
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Insurance (non-life)
3,558.19
14:29 05/11/24
-0.01%
-0.39
According to Insurance Insider, Japan’s Sompo and Italy’s Generali are circling Hiscox.
At 1225 BST, Hiscox shares were up 11% at 1,244p. Peers Beazley and Lancashire also gained, up 3.1% at 3.4%, respectively.