Hiscox, Ltd. (HSX) 2002年年度报告「LSE」.pdf

1、This book belongs to2Corporate Highlights5Chairmans Statement10Chief Executives Report23Directors and Advisors24Corporate Governance26DirectorsRemuneration Report28DirectorsReport30Statement of DirectorsResponsibilities31Independent AuditorsReport32Consolidated Profit and Loss Account,Technical Acco

2、unt General Business33Consolidated Profit and Loss Account,Non-Technical Account34Consolidated Balance Sheet36Company Balance Sheet37Consolidated Cash Flow Statement38Notes to the Accounts63Notes to the Consolidated Cash Flow Statement 65Five Year Summary66Notice of Annual General Meeting67Key Share

3、holder InformationHeroic performance a quality for which Hiscox has always been renowned.This year,our annual report looks back on another twelve months of sterlingachievement,and celebrates the spirit ofclassic British heroism that has madeHiscox a worldwide success story.Now read onTHEHISCOXANNUA

4、L2002The Hiscox Annual 20022OPERATING PROFIT/(LOSS)TO HISCOX PLC BEFORE TAX(000)20022001Lloyds business21,228(29,414)Retail business13,2548,194Total34,482(21,220)Earnings/loss per share11.3p(9.7)p(Based on operating profit/(loss)after tax)#Rapid turnround to operating profit 34.5 million(2001:21.2m

5、loss).Pre-tax profit 20.3 million(2001:32.5m loss)#Hiscox plc gross written premium income up 23%to 676.7 million#Group controlled gross written premium income up 21%to941.3 million#Excellent performance from Lloyds Syndicate 33.Gross written premium applicable to Hiscox plc up 35%to 461.8 million(2

6、001:343.2m).Operating profit 21.2 million(2001:29.4m loss).2003 capacity increased to 842 million from 504 million#UK Retail operating profit up 54%to 11.7 million(2001:7.6m).Gross written premium 148 million(2001:144m).Product rangeexpansion and broadening of distribution continues in 2003#Internat