Hiscox ups premiums 4.1% in Q1 as Re & ILS rates surge 41% in ‘seismic shift’
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Hiscox ups premiums 4.1% in Q1 as Re & ILS rates surge 41% in ‘seismic shift’

Samuel Casey
04 May 2023
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Hiscox boosted its contract written premiums by 4.1% to $1.42bn in the first quarter and hailed a “seismic shift” in the reinsurance market.

Rates increased by 41% in the carrier's Re & ILS division during the quarter, with heightened losses, ILS capacity reductions and inflation contributing to the gains.

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Samuel Casey
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