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Goldman Sachs downgrades Hiscox, upgrades Lancashire

By Benjamin Chiou

Date: Wednesday 18 Sep 2024

(Sharecast News) - Goldman Sachs has downgraded non-life insurer Hiscox and upgraded sector peer Lancashire as part of its review of the European insurance sector.
After introducing a new valuation framework to its calculations, the bank has cut its rating on Hiscox from 'neutral' to 'sell' and raised its stance on...

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