Hiscox shifts cyber insurance stance as it posts $133m H1 profit
Hiscox is seeking to cut its reinsurance exposure to cyber-attacks and refocus its retail cyber insurance portfolio on smaller businesses amid the global surge in ransomware attacks.
The insurer detailed the measures it has taken to remediate its cyber books on an earnings call on Tuesday, after it posted a $133.4m (£95.9m) profit before tax for the first half of the year.
Joanne
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