Download PDF - Hiscox

More documents

Recommendations

Info

Group financial performance continued Group investment performance 18 Group financial performance <strong>Hiscox</strong> Ltd Report and Accounts 2009 31 December 2009 31 December 2008 Asset allocation Return Return Asset allocation Return Return % % £000 % % £000 Bonds £ 19.1 3.5 11.6 5.3 US$ 58.6 9.2 54.7 (2.5) Other 7.1 6.8 10.2 3.1 Bonds total 84.8 7.7 152,954 76.5 (0.3) (4,027) Equities 5.0 20.7 26,360 5.0 (28.4) (38,267) Deposits and cash equivalents 10.2 0.8 3,455 18.5 3.7 14,662 Actual return 7.2 182,769 (1.3) (27,632) Group invested assets* £2,660.6m £2,522.4m *excludes derivatives and investment in catastrophe bonds. £2.66bn Invested assets
High quality and well diversified portfolio Investment portfolio: £2,660.6m Asset allocation Bond credit quality 5.0% Risk assets 84.8% Bonds Bond currency split 69.2% USD 10.2% Cash GBP 22.5% EUR 6.4% 1.9% CAD 8.3% AA 12.7% A 68.0% AAA 4.5% BBB 6.5% BB and below Group financial performance <strong>Hiscox</strong> Ltd Report and Accounts 2009 19
Page 1 and 2: Hiscox Ltd Report and Accounts 2009
Page 3 and 4: Corporate highlights Group key perf
Page 5 and 6: Chairman’s statement It is an eno
Page 7 and 8: Chief Executive’s report In 2009
Page 9 and 10: Hiscox London Market Hiscox London
Page 11 and 12: We have also worked hard to develop
Page 13 and 14: We have continued to invest in trai
Page 15 and 16: Hiscox London Market Hiscox London
Page 17 and 18: Group financial performance Group f
Page 19: The expense ratio deteriorated by 7
Page 23 and 24: Risk management The risk management
Page 25 and 26: Credit Reinsurance counterparties T
Page 27 and 28: Boxplot and whisker diagram of Hisc
Page 29 and 30: in essence a non-bureaucratic organ
Page 31 and 32: Cougar Syndicate 6104 Cougar Syndic
Page 33 and 34: Hiscox Insurance Company (Bermuda)
Page 35 and 36: Independent Non Executive Directors
Page 37 and 38: ecent and relevant financial experi
Page 39 and 40: Directors’ remuneration report Th
Page 41 and 42: Executive Directors’ cash incenti
Page 43 and 44: Remuneration of Executive Directors
Page 45 and 46: Share options Number of Number of M
Page 47 and 48: Directors’ report The Directors h
Page 49 and 50: Report of the independent registere
Page 51 and 52: Consolidated balance sheet At 31 De
Page 53 and 54: Consolidated statement of cash flow
Page 55 and 56: 2 Significant accounting policies c
Page 63 and 64: 3 Management of risk continued 3.1
Page 71 and 72:
3 Management of risk continued 3.2
Page 73 and 74:
3 Management of risk continued 3.3
Page 75 and 76:
4 Operating segments continued (a)
Page 77 and 78:
5 Net asset value per share 2009 20
Page 79 and 80:
12 Auditors’ remuneration continu
Page 81 and 82:
15 Intangible assets continued Othe
Page 83 and 84:
19 Reinsurance assets 2009 2008 Not
Page 85 and 86:
22 Derivative financial instruments
Page 87 and 88:
23 Fair value measurements continue
Page 89 and 90:
25 Share capital continued Share op
Page 91 and 92:
27 Insurance liabilities and reinsu
Page 93 and 94:
27 Insurance liabilities and reinsu
Page 95 and 96:
30 Deferred tax continued (b) Group
Page 97 and 98:
31 Employee retirement benefit obli
Page 99 and 100:
36 Contingencies and guarantees con
Page 101 and 102:
38 Principal subsidiary companies o
Page 103 and 104:
To request a copy of the 2009 Hisco
show all

Download PDF - Hiscox

Create successful ePaper yourself

Delete template?

Save as template?