Hiscox Q1 Overall Growth Offsets U.S., Cyber Repositionings May 5, 2021 Hiscox Ltd reported gross written premiums up 6.3% to $1,256.6 million, with growth in Hiscox London Market, Hiscox Europe and direct and partnerships business more than offsetting planned reductions in the U.S. broker channel. In Hiscox Retail, gross premiums up 8.6% in a challenging operating environment. That included UK Retail with premiums up 8.2%, reflecting strong renewals and growing customer numbers. Hiscox Europe was up 20.4% led by Germany, Benelux and Iberia. Hiscox London Market benefitted from favourable rate momentum, with rates up 13% across the portfolio and premiums up 9.3%. The insurer said it has made good progress in repositioning its U.S. broker portfolio.