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Hiscox Ltd

HSX.LFinancial ServicesLSE

Insurance - Property & Casualty · Last scanned Jun 2, 2026

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Financials · Annual
Revenue
$3.95B
+7.5% YoY
Net Income
$604.1M
-3.7% YoY
Free Cash Flow
$1.01B

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About Hiscox Ltd

Hiscox Ltd, through its subsidiaries, provides insurance and reinsurance services in the United Kingdom, Europe, the United States, and internationally. Valued at $5.60B, HSX.L is a mid-cap name in its sector. It operates through Hiscox Retail, Hiscox London Market, and Hiscox Re segments.

Key stats
Market Cap$5.60B
P/E (TTM)13.43
Fwd P/E11.62
EPS$1.30
Beta0.37
52W Change+37.0%
Dividend Yield2.14%
ROE15.8%
Analysis

With $2.28B in cash and $902.0M in debt, HSX.L maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. The company generates $1.01B in free cash flow annually, which funds everything from R&D to shareholder returns without needing external financing. ROE of 15.8% points to strong capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 4.2% is on the lower side, which is common in asset-heavy industries. Revenue has grown from $2.85B (2022) to $3.95B (2025), reflecting a 39% increase over the period.

The relatively low beta of 0.37 suggests HSX.L is a less volatile holding compared to the broader index. With cash comfortably exceeding debt, HSX.L has financial flexibility that may help navigate uncertain periods. No single metric tells the full story. Reviewing HSX.L's risk profile alongside its fundamentals and technical indicators provides a more complete picture.

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