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UK insurer Hiscox falls on weak performance in London market



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** Shares of insurer Hiscox Ltd HSX.L fall 3% to 1,181p, stock among top pct losers on the FTSE 250 .FTMC index

** Co says its insurance contract written premiums (ICWP) in London market contracted temporarily during Q1

** This came after non-renewal of certain larger binder deals and also due to impact of one-off accounting reclassification items - co

** Co says external environment remains unpredictable with an elevated level of risk, given geopolitical events and macroeconomic uncertainties

** Q1 group ICWP $1.54 bln, up 8.3%

** Including session's losses, stock up ~12% YTD



Reporting by Aby Jose Koilparambil in Bengaluru

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