Hiscox
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The carrier posted its H1 results earlier today, beating analyst consensus. -
The carrier also announced an increased share-buyback programme.
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Stephane Flaquet replaces George Marcotte, who has been interim COO since September 2024.
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The executive previously held roles at Capgemini, The Hartford and AIG.
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Plus, the latest people moves and all the top news of the week.
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The broker has been building out its Bermuda reinsurance presence.
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Analysts were interested in the potential for fee income from the retail division.
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The majority of the savings are expected to be realised in the retail division.
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Motion Specialty will initially focus on high value home and flood insurance in the US.
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
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