Tuesday, 25 December 2012

Hiscox insurance Stocks outlook 2013

Best Insurance Stock - Hiscox insurance Stocks outlook 2013 : Hiscox estimates Sandy net claims of approximately £90 millio n for the impact of sandy, international specialist insurer Hiscox has today announced an estimate for the impact of Superstorm Sandy. Although considerable uncertainties still exist around the impact of Superstorm Sandy, the insurer said that based on an insured market loss of $20bn, it estimates net claims of approximately £90m. Superstorm Sandy hit parts of North America and Canada in October causing destruction of buildings and infrastructure. Twice a year Hiscox publishes its expected losses for modelled catastrophes including exposure to US windstorm. The insurer stated that the estimate was within the published range, and was within Hiscox's overall budgeted loss expectations for the year.

Key Statistics for HSX

Current P/E Ratio (ttm)7.7493
Estimated P/E(12/2012)10.5669
Relative P/E vs. UKX0.5056
Earnings Per Share (GBP) (ttm)0.6013
Est. EPS (GBP) (12/2012)0.4410
Est. PEG Ratio0.1110
Market Cap (M GBP)1,837.35
Shares Outstanding (M)394.28
30 Day Average Volume333,287
Price/Book (mrq)1.3739
Price/Sale (ttm)1.4734
Dividend Indicated Gross Yield3.84%
Cash Dividend (GBp)6.0000
Last Dividend08/08/2012
5 Year Dividend Growth10.23%
Next Earnings Announcement02/25/2013

About Hiscox Insurance Company Inc.
Hiscox Insurance Company Inc. provides animal mortality insurance products for animal owners in the United States and internationally. The company offers insurance coverages for horses and registered cattle, including full mortality, limited perils, special accident, prospective foal, mare guaranteed conception, colic surgery, and emergency surgery reimbursement solutions. It provides its products through agent representatives and online sellers. 

The company was formerly known as American Live Stock Insurance Company, Inc. and changed its name to Hiscox Insurance Company Inc. in December 2007. The company was founded in 1952 and is based in Geneva, Illinois. Hiscox Insurance Company Inc. operates as a subsidiary of Hiscox, Ltd.

416 South 2nd Street Geneva, IL 60134 
United States Founded in 1952
Phone: 630-232-2100
Fax: 630-232-2292