OREANDA-NEWS. Fitch Ratings has affirmed Hiscox Ltd's (Hiscox) core entities at Insurer Financial Strength Rating (IFS) 'A+'. Fitch has also affirmed the Long-Term Issuer Default Ratings (IDRs) of all Hiscox holding companies at 'A-'. The Outlooks on all ratings are Stable. Hiscox's subordinated notes have also been affirmed at 'BBB-'.