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Hiscox re-initiated with a Buy at Berenberg

Berenberg analyst Michael Christodoulou re-initiated coverage of Hiscox (HCXLF) with a Buy rating and 1,450 GBp price target The London market insurers continue to present a compelling investment case, underpinned by supportive valuations, disciplined underwriting and evolving business models that are well positioned for future growth, the analyst tells investors in a research note.

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