Hiscox Ltd (OTCPK:HCXLF)

$ 16.28 -0.62 (-3.67%) Market Cap: 5.16 Bil Enterprise Value: 4.47 Bil PE Ratio: 7.11 PB Ratio: 1.47 GF Score: 81/100

Half Year 2021 Hiscox Ltd Earnings Call Transcript

Aug 03, 2021 / 09:00AM GMT

Release Date Price: $12.65 (+7.02%)

Transcript

Operator

Ladies and gentlemen, welcome to the Hiscox Ltd 2021 Interim Results Call. My name is Nadia, and I'll be coordinating the call today. (Operator Instructions)

I will now hand over to your host, Robert Childs, Chairman of Hiscox to begin. So Robert?

Robert Simon Childs

Hiscox Ltd - Non-Executive Chairman of the Board

Good morning, ladies and gentlemen. I'm Rob Childs, the Chairman of Hiscox.

After 21 years as CEO and 28 years at Hiscox, Bronek is retiring at the end of the year. During his tenure, he's taken us from being a small private Lloyds business to a global specialist insurer with a premium of $4.5 billion and a market cap of much the same. He's been an inspirational leader, demonstrating strategic insight, great operational abilities and true grit in difficult times. Bronek has always acted like a proprietor, matches energy and long-term vision. We have worked together for 28 years, and I and we will miss him. What an act to follow.

We believe, in Aki, we have the right person for the next chapter at Hiscox. Aki is an

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