General · 16 May 2026

Hiscox shares jump 15% on takeover report

Investors saw shares in Hiscox, a London-listed insurer, reach an all-time high on Friday. This significant rise followed reports that Canada’s Intact Financial Corp is considering a takeover offer for the FTSE 100 company. The insurer's shares climbed by approximately 15.3%, reaching a price of £18.90 each.

By BriefTea Editorial · 16 May 2026 at 6:39

Reported by Guardian · How we write briefs

Get the app

More briefs

GeneralGoogle paying £260m to settle UK Play Store developer lawsuit PoliticsJames Cleverly steps down from the shadow cabinet to campaign for London mayor GeneralThe UK Navy just followed four Russian ships again GeneralSarah Ferguson is moving back to the UK following the Epstein scandal GeneralIcelanders vote on restarting EU membership talks after 13 years GeneralGoogle now auto-expands AI answers, pushing links down Browse all stories →