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Hiscox chairman Rob Childs expects investor demand to keep driving growth and innovation in the insurance-linked securities market. Mr Childs was speaking after the Bermudian-based insurer and reinsurer said assets under management in its Hiscox Re I...

Hiscox has accused Yuval Abraham, a former executive who was based in Bermuda, of misappropriating more than $1.8 million. The Bermuda Supreme Court ordered a worldwide freezing of Mr Abraham’s assets on April 25 this year, on the same day that three...

Hiscox’s chief executive officer says “good sense is receding” in the reinsurance market, meaning rate rises in the wake of last year’s huge catastrophe losses are likely to be short-lived. The Bermudian-based company reported more than 20 per cent g...

Hiscox Re Insurance Linked Strategies, the ILS asset management arm of Hiscox, has appointed Ben Fox to its Bermuda-based ILS investment team as portfolio manager, subject to Bermuda immigration approval. Dr Fox was formerly with Ontario Teachers’ P...

Hiscox Ltd chairman Robert Childs says there will be no change in the company’s Bermuda residency or staffing levels as a result of US tax reform. However, the insurer and reinsurer will have to bolster capital at its US business and expects the adde...

Those who expect the reinsurance industry to “shrug off” this year’s heavy catastrophe losses as new capital pours in from the sidelines have got it wrong. So says Bronek Masojada, chief executive officer of Bermudian-based Hiscox, who said that many...

Hiscox has lowered its estimates of losses from third-quarter hurricanes and said it was seeing signs of markedly improved rates. The Bermudian-based insurer and reinsurer said this morning in its interim statement for the first nine months of the ye...

Hiscox Re’s insurance-linked securities arm has added a new portfolio manager to its Bermudian-based ILS investment team. Aaron Garcia moved to the company from London re/insurer Novae Group, where he spent five years as an international property tre...

Hiscox plans to ramp up capacity in anticipation of a pick-up in insurance prices. The company, which is based in Bermuda, said today it plans to increase the 2018 capacity for its Syndicate 33 at Lloyd’s by £450 million ($594.5 million) to £1.6 bill...

LONDON (Reuters) — Bermudian-based insurer and reinsurer Hiscox Ltd has estimated net claims of about $150 million from Hurricane Harvey and said it has yet to determine losses from Hurricane Irma. Insurers and reinsurers are counting the cost of Har...

Bermudian-based insurer and reinsurer Hiscox Ltd saw its profit more than halved for the first six months of the year. Its pre-tax profit of $102.6 million was down from the $206 million for the same period last year. However, if the impact of foreig...

Hiscox Ltd will set up a new unit in Luxembourg in response to Britain’s decision to leave the European Union. The island-based company, which is also one of the largest operators in the Lloyd’s of London market, said that all its European retail bus...