Hiscox shares plunge after analyst meetings, company says no inside information given
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(Reuters) - Shares in Hiscox fell as much as 18% on Thursday after brokers cut their price targets on the stock following meetings with the British insurer, in which it gave more details on its financial expectations than in a third-quarter update on Monday.The Lloyd's of London insurer later issued a statement, at the request of Britain's financial regulator, which included the extra details. It described the details as a "clarification," and said it did not believe they constituted inside..