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Expense Ratio by Segment
Measures operating expenses as a percentage of premiums for each segment, offering a view on cost management and operational efficiency.Hiscox's expense ratio for the RE & ILS segment spiked significantly in 2023, indicating potential operational inefficiencies or increased costs, but has since been on a declining trend, suggesting corrective measures are taking effect. The Retail and London segments show relative stability with minor fluctuations, while the overall expense ratio remains elevated compared to 2020 levels. This could impact profitability unless further cost management strategies are implemented. The absence of earnings call commentary leaves the reasons behind these trends speculative, highlighting a need for investor vigilance.
Date | Retail | London | RE & ILS | Total |
|---|---|---|---|---|
Dec 31, 2024 | 49.40 | 43.80 | 42.90 | 47.30 |
Jun 30, 2024 | 47.80 | 40.50 | 42.20 | 45.40 |
Dec 31, 2023 | 50.00 | 43.60 | 47.80 | 48.10 |
Jun 30, 2023 | 49.00 | 43.60 | 52.70 | 48.00 |
Dec 31, 2022 | 50.40 | 41.00 | 30.70 | 45.80 |
Jun 30, 2022 | 48.50 | 38.80 | 29.00 | 43.80 |
Dec 31, 2021 | 48.90 | 39.60 | 28.00 | 44.30 |
Jun 30, 2021 | 48.60 | 40.90 | 31.70 | 44.90 |
Dec 31, 2020 | 47.80 | 39.60 | 32.80 | 44.50 |
Jun 30, 2020 | 47.20 | 40.40 | 28.90 | 43.90 |