Business · 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

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