Over the last five years the Hiscox Group has:
-
grown gross written premiums by 31% to $3.78 billion
-
achieved compound dividend growth of 9.9% in constant currency
-
returned $1.12 billion capital to shareholders
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delivered an average combined ratio of 89.6%
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posted an average return on equity of 12.6%
| 2018 $000 |
2017 $000 |
2016 $000 |
2015 $000 |
2014 $000 |
|
|---|---|---|---|---|---|
| Results | |||||
| Gross premiums written | 3,778,341 | 3,286,021 | 3,257,897 | 2,972,712 | 2,894,316 |
| Net premiums written | 2,581,486 | 2,402,999 | 2,424,450 | 2,403,349 | 2,213,940 |
| Net premiums earned | 2,573,639 | 2,416,208 | 2,271,316 | 2,194,139 | 2,169,195 |
| Profit before tax | 137,375 | 39,692 | 480,773 | 330,417 | 380,812 |
| Profit for the year after tax | 127,999 | 33,904 | 456,967 | 320,929 | 356,218 |
| 2018 $000 |
2017 $000 |
2016 $000 |
2015 $000 |
2014 $000 |
|
|---|---|---|---|---|---|
| Assets employed | |||||
| Intangible assets | 204,600 | 186,038 | 153,418 | 185,546 | 165,276 |
| Financial assets carried at fair value | 5,029,681 | 5,139,643 | 4,702,121 | 4,294,730 | 4,413,001 |
| Cash and cash equivalents | 1,288,851 | 867,767 | 824,373 | 1,069,984 | 1,015,016 |
| Insurance liabilities and reinsurance assets | (4,244,900) | (4,174,495) | (3,778,688) | (3,689,041) | (3,603,372) |
| Other net assets | 38,886 | 349,428 | 353,596 | 386,160 | 278,641 |
| Net assets | 2,317,118 | 2,368,381 | 2,254,820 | 2,247,379 | 2,268,562 |
| Net asset value per share (¢) | 819.1 | 835.1 | 805.9 | 801.2 | 721.5 |
| 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|
| Key statistics | |||||
| Basic earnings per share (¢) | 45.1 | 12.0 | 162.5 | 111.4 | 111.1 |
| Basic earnings per share (p) | 33.9 | 9.3 | 119.8 | 72.8 | 67.4 |
| Diluted earnings per share (¢) | 44.3 | 11.6 | 157.3 | 107.8 | 106.4 |
| Diluted earnings per share (p) | 33.2 | 9.0 | 116.0 | 70.5 | 64.5 |
| Combined ratio (%) | 94.9 | 99.9 | 84.2 | 85.0 | 83.9 |
| Return on equity (%) | 5.6 | 1.5 | 23.0 | 16.0 | 17.1 |
| Dividends per share (¢) | 41.9 | 39.8 | 35.0 | 36.1 | 36.2 |
| Dividends per share (p) | 32.8 | 29.0 | 27.5 | 24.0 | 22.5 |
| Share price – high (p) | 1,711.0 | 1,470.0 | 1,097.0 | 1,059.9 | 735.0 |
| Share price – low (p) | 1,332.0 | 997.5 | 900.5 | 707.5 | 624.5 |
Our financial performance over the last five years.
