Hiscox, Ltd. (HSX) 2015年年度报告「LSE」.pdf

1、Hiscox LtdReport and Accounts2015Strategic report2 Corporate highlights 4 Why invest in Hiscox?6 Chairmans statement 8 Chief Executives report16 Building a balanced business17 Executive Committee18 Actively managed business mix19 Actively managed key underwriting exposures20 Capital22 Group financia

2、l performance 24 Group investments Governance27 Risk management 35 Corporate responsibility 39 Insurance carriers 42 Board of Directors 44 Hiscox Partners 46 Corporate governance 51 Audit Committee reportRemuneration53 Letter to shareholders 55 Remuneration policy report64 Annual report on remunerat

3、ion 201573 Directors report 75 Directors responsibilities statementFinancial summary78 Independent auditors report79 Consolidated income statement 79 Consolidated statement of comprehensive income 80 Consolidated balance sheet81 Consolidated statement of changes in equity82 Consolidated statement of

4、 cash flows83 Notes to the consolidated financial statements132 Five-year summaryContentsCover image:Ferrofluid from our elements of risk series,challenging the opposing forces of nature and unseen threats in what we believe is a thought-provoking and beautiful way.1Local casualty and commercial 21%

5、Tech and media casualty 6%Art and private client 13%Small property 4%Reinsurance 20%Internationally traded linesLocal specialty linesLarge property 7%Global casualty 4%Specialty terrorism,contractors equipment FTC,political risks,aerospace 13%Marine and energy 5%Specialty kidnap and ransom,contingen

6、cy,personal accident 7%Strategic focusTotal Group controlled income for 2015100%=2,165mOur ambition is to be a respected specialist insurer with a diverse portfolio by product and geography.We believe that building balance between catastrophe-exposed business and less volatile local specialty busine