Hiscox Ltd (HSX.L), the international specialist insurer, reported that its group insurance contract written premiums (ICWP) for the first quarter of 2025 increased by 2.4% to $1.558 billion from last year's $1.522 billion driven by continued momentum in Hiscox Retail, which grew by 6.1% in constant currency, and a return to growth in Hiscox London Market, which grew by 4.0%.
Written premiums for group insurance contracts increased by 3.3% in constant currency during the first quarter compared to last year.
The company noted that there is no change in estimates for the California wildfires loss.
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