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Hiscox

Reinsurance

"New York lowers collateral requirements for Hiscox"

Hiscox’s Bermuda underwriting operation has been awarded ‘certified reinsurer’ status by the state of New York. The significance is that Hiscox Insurance Company (Bermuda) Ltd can now post collateral of 20 percent of loss reserves rather than 100 per...
Nov 23, 2011
Reinsurance

"Hiscox trims business but expects rates to rise"

Bermuda-based re/insurer Hiscox Ltd wrote less business in the first nine months of the year than in the same period of last year as it walked away from inadequately priced business. Hiscox said gross premiums written were £1.17 billion during the fi...
Nov 09, 2011
Reinsurance

"Hiscox cuts Bermuda premiums as disasters drive loss"

Bermuda-based re/insurer Hiscox posted a loss of £87 million, or $143 million, in the first half of the year, after record claims from natural disasters in the US and Japan. At the company’s Bermuda-based operating unit, where Hiscox underwrites rein...
Aug 02, 2011
Cricket

"Hiscox cricket festival date set"

The third annual Hiscox 11U Celebrity Cricket Festival will take place at the National Sports Centre on Saturday June 4. A day of cricket will see under-11 All-Star teams from East and West battle it out in the morning, before the celebrities try to ...
May 19, 2011
Reinsurance

"Hiscox sees rate rises ahead"

Bermuda-based re/insurer Hiscox Ltd said first-quarter sales fell eight percent in a “tough” market but the company expects to see double-digit rate rises for US catastrophe business. Gross written premiums declined to £453.5 million ($743.4 million)...
May 10, 2011
Reinsurance

"Hiscox seeking candidates for graduate scheme"

Bermuda-based insurer Hiscox has launched its 2011 graduate scheme for Bermudian graduates. Hiscox is looking for two Bermudians who graduated in either 2009 or 2010, or will be graduating this summer, with the appointment an underwriting trainee and...
Apr 25, 2011
Reinsurance

"Dupplin sings Island’s praises in FT"

Bermuda is one of the most conducive environments for expatriates to work and live in according to a top insurance company boss. Charles Dupplin, chief executive of Hiscox Bermuda, gave an insight into Island life in an interview with the Financial T...
Mar 18, 2011
Reinsurance

"Hiscox brings ‘home’ 17th century maps"

Adorning the walls of the boardroom at Hiscox are two newly acquired Bermuda historical treasures - early maps of the Island printed in the 17th century. The Bermuda-based re/insurer acquired the two maps, by John Speed and Joan Blaeu, from The Map H...
Mar 10, 2011
Reinsurance

"NZ quake costs Validus up to $50m"

Bermuda reinsurer Validus Holdings Ltd has estimated its losses from last week’s deadly New Zealand earthquake at between $25 million and $50 million. It based this on an industry loss estimate for the earthquake, which left more than 100 people dead...
Mar 01, 2011
Other

"Hiscox posts $343.3 million pre-tax profits"

Bermuda-based re/insurer Hiscox Ltd posted strong net earnings for 2010, despite being hit with catastrophe claims of £165.5 million ($268.7 million). The London-listed company this morning announced a pre-tax profit of £211.4 million ($343.3 million...
Feb 27, 2011
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