Hiscox surges as Sompo, Generali said to be interested in takeover

8th Jul 2024 12:17

(Sharecast News) - Hiscox surged on Monday following a report that two rivals are considering takeover bids for the insurer.

According to Insurance Insider, Japan's Sompo and Italy's Generali are circling Hiscox.

At 1225 BST, Hiscox shares were up 11% at 1,244p. Peers Beazley and Lancashire also gained, up 3.1% at 3.4%, respectively.

Top Risers

Share	Price	Change
Ferrexpo (FXPO)	79.20	27.33%
Clontarf (CLON)	0.0455	16.67%
Braime Holdings (BMT)	1,100.00	15.79%
Reabold Resources (RBD)	0.0625	13.64%
Braveheart Investments (BRH)	4.25	13.33%

Top Fallers

Share	Price	Change
Alba Mineral Resources (ALBA)	0.0295	-32.44%
Surface Transforms (SCE)	0.175	-28.57%
Empyrean (EME)	0.1105	-25.76%
Westminster Group (WSG)	1.90	-24%
Microsalt (SALT)	72.50	-18.99%

Top By Volume

Share	Price	Volume
Tower Resources (TRP)	0.031	313,489,177
Mosman Oil Gas (MSMN)	0.0385	304,447,484
Reabold Resources (RBD)	0.0625	286,070,592
Clontarf (CLON)	0.0455	238,949,076
Alba Mineral Resources (ALBA)	0.0295	214,624,870

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