It seems like only yesterday when Insurance Business reported on Hiscox’s entry into the FTSE 100 Index; now the Bermuda-headquartered insurance group faces the prospect of getting the boot.
Global index provider FTSE Russell has listed Hiscox under “indicative FTSE 100 deletions” – in this case, just deletion as no other firm has been identified as at risk of being downgraded to FTSE 250. Meanwhile waiting in the wings is British airline EasyJet, which FTSE Russell said is likely to move up.
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