Is Hiscox the new Amlin?
Lloyd's insurer Hiscox may have joined its much-vaunted peer Amlin as investors' Lloyd's insurer of choice, a new analyst note suggests.
The review of the quoted Lloyd's sector by Keefe Bruyette & Woods (KBW) analyst Christopher Hitchings suggests that Amlin's recent travails have coincided with Hiscox continuing to attract investor support.
For a number of years, Charles Philipps-led Amlin has been the undisputed star of the Lloyd's sector, consistently trading at a significant premium to its peers.
But this status...
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