Thursday, 16 April 2020, 7:45 pm
One of Betaville's favourite business commentators today follows the theme I laid out yesterday about Hiscox but probably in a more eloquent style than myself.
I am off course referring to Alistair "acerbic" Osborne, a former boss and colleague from my days at The Daily Telegraph City desk, and his piece in today's The Times about Hiscox's refusal to pay out claims to small and medium-sized businesses. I have pasted the link below:..
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Wednesday, 15 April 2020, 6:18 pm
That didn't take long.
Rougly 30 minutes after Betaville published today's piece Hiscox put out a statement attempting to clarify the issue. Below is a link:
https://www.investegate.co.uk/hiscox-ltd--hsx-/rns/market-update-re-business-interruption-exposure/202004151420287747J/..
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Wednesday, 15 April 2020, 1:52 pm
Shares of Lloyd's of London insurer Hiscox were down almost over 40pc in the last 48 hours amid concerns for the future of the company.
Now, there are several good reasons why the stock is so out of fashion. I will list them below:..
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