Page 13 - நவம்பர் ஒன்றுபட்டது கிஂக்டம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Hiscox shares tumble after UK Supreme Court Ruling Shares in insurer Hiscox tumbled by around 5 per cent as it was one of the insurers to have its appeal dismissed by the Supreme Court - meaning it will have to pay out. However, shares have now regained all the losses and are trading up 1.1 per cent. Six insurers - Arch, Argenta, Hiscox, MS Amlin, QBE and RSA - appealed against aspects of the High Court s ruling, as did the Hiscox Action Group, which represents around 400 businesses insured by Hiscox. In November, the UK s highest court heard leapfrog appeals - which have bypassed the Court of Appeal - in a case which could have implications for hundreds of thousands of businesses affected by coronavirus.

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