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Insurance giant Hiscox set to be hit with £142m virus bill

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Insurance giant Hiscox set to be hit with £142m virus bill as it faces legal action from firms claiming they were unfairly treated By Daily Mail City & Finance Reporter Published: 21:51 BST, 22 April 2020 | Updated: 21:51 BST, 22 April 2020 Insurance giant Hiscox could be hit with a £142million bill from pandemic … Read more

MARKET REPORT: £142m loan scam sends oil firm Lekoil nosediving 73%

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The uncovering of an elaborate scam sent shares in AIM-listed Lekoil crashing to an all-time low. The oil company had been duped into believing it had secured a £142million loan from the Qatar Investment Authority, which it was going to put towards further drilling off the coast of Nigeria. So sure was it that it … Read more