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Hiscox (LSE:HSX) Tax Rate % : -27.91% (As of Dec. 2023)


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What is Hiscox Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Hiscox's Tax Expense for the six months ended in Dec. 2023 was £-80 Mil. Hiscox's Pre-Tax Income for the six months ended in Dec. 2023 was £285 Mil. Therefore, Hiscox's Tax Rate % for the quarter that ended in Dec. 2023 was -27.91%.


Hiscox Tax Rate % Historical Data

The historical data trend for Hiscox's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Hiscox Tax Rate % Chart

Hiscox Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.91 -9.39 0.68 7.87 -13.76

Hiscox Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -22.82 -32.28 11.95 5.55 -27.91

Hiscox Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Hiscox's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=-68.019/494.461
=-13.76 %

Hiscox's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=-79.632/285.269
=-27.91 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Hiscox Tax Rate % Related Terms

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Hiscox (LSE:HSX) Business Description

Traded in Other Exchanges
Address
96 Pitts Bay Road, Chesney House, Pembroke, BMU, HM 08
Hiscox Ltd is a property and casualty insurance company that operates globally. The company works to build a balance between catastrophe-exposed business and less volatile local specialty businesses. It generates most of its revenue through reinsurance, local casualty, and commercial insurance lines. The company's risk management strategy involves a strong underwriting discipline, diversification, and sound capital management. Hiscox's retail operations comprise half of the overall gross written premiums.

Hiscox (LSE:HSX) Headlines

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