Hiscox shares fall 14% as analyst warns of ‘casualty catastrophe’

Hiscox shares plummet

Shares in London-listed carrier Hiscox fell 14 percent in early trading this morning (7 November) as investors appeared to continue to be spooked by its trading statement on Monday, which flagged potential claims issues in US casualty, as well as a trenchant analyst note released by Jefferies.

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