Hiscox increases GWP by 6.3% YTD and reserves $135mn for Ian
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Hiscox increases GWP by 6.3% YTD and reserves $135mn for Ian

Samuel Casey
02 November 2022
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Hiscox reported a 6.3% increase in gross written premiums in the first three quarters to $3.68bn, including a 32.3% rise in income for its Re & ILS division.

The carrier reserved $135mn net of reinsurance for Hurricane Ian, based on an industry-wide loss of $55bn, and said the loss was well within its modelled range.

There

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Samuel Casey
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