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The Kiskadee arm of Bermuda-based Hiscox has launched a new reinsurer. Cardinal Re, which is based in Bermuda, will operate as a special purpose insurer designed to turn collateralised insurance and reinsurance risk into a security aimed at capital m...

Hiscox has merged its Bermuda and London Market casualty reinsurance teams. The new division will operate under the Hiscox Re brand and will be led by Nick Pascall as head of casualty reinsurance. The division controls a combined portfolio of $50 mi...

Bermuda-based insurer and reinsurer Hiscox saw half-year pre-tax profits rise by 8.4 per cent, fuelled by strong growth in its retail insurance business. Hiscox reported earnings of £135.1 million ($210.4 million) for the January-through-June period,...

Bermuda-based Hiscox has no plans to join the merger spree occurring in the reinsurance market. The London-listed insurer and reinsurer, which yesterday reported a £231.1 million ($355 million) pre-tax profit for 2014, down more than 5 per cent from ...

New investment has boosted the assets in Hiscox’s Bermuda-based Kiskadee insurance-linked strategies funds to more than $400 million. And Hiscox said investors have committed to inject more capital by the time reinsurance renewals take place next sum...

Bermuda-based re/insurer Hiscox Ltd has agreed to buy two UK-based businesses from Randall & Quilter Investment Holdings Ltd to beef up its specialty insurance offerings for wealthy clients. Randall & Quilter is also a Bermuda company, having redomic...

Hiscox Ltd has reported ‘broadly stable’ gross written premiums at £1,361.3 million, and compared that to 2013 numbers of £1,370.5 million in their interim management statement for the first nine months of the year to September 30. The international ...

Hiscox wrote less reinsurance business in the first half of this year as rates softened — and chairman Robert Childs said the company will walk away from more business if it considers pricing to be inadequate. The global insurer and reinsurer, whose ...

The Bermuda-based boss of Hiscox’s reinsurance operations expects the unit he heads to write less business than it did last year — and that does not bother him at all. For Hiscox Re chief executive officer Jeremy Pinchin, the focus is not on quantity...

The Lloyd’s of London insurance market reports that the UK’s Chancellor of the Exchequer George Osborne announced on a trip to Brazil that Bermuda-based Hiscox has joined the Lloyd’s Brazil reinsurance platform. Other Bermuda-connected companies with...

Hiscox Re has beefed up its senior management with two appointments announced today. Reeva Bakhshi has been named chief financial officer and Paresh Thakrar as chief operating officer. Hiscox brought together its global reinsurance operations under t...