Hiscox

Hiscox has appointed Liz Breeze as interim group CFO while the company searches for a permanent hire for the role, following the promotion of Aki Hussain to CEO designate.

MS Amlin’s head of reinsurance Matthew Wilken is to leave the business for a role at Hiscox Re & ILS in Bermuda, this publication understands.

The incoming CEO flagged cyber and property cat as areas requiring further pricing attention.

The carrier continued to benefit from rate increases across its segments during the first nine months of 2021.

The executive continues in his PPL role to oversee a crucial period of build and delivery for the e-trading platform.

Simon Wilson will join Beazley from Hiscox in mid-January and be based in London.

The cyber market will interpret Lewis’s hire as a signal IQUW is looking to grow the book proactively.

Insurers have now shelled out just over £968mn to BI policyholders in interim and final settlements.

Despite a somewhat mixed outlook, UK listed carriers London players say they are still leaning into growth.

Helen Rose will start in February 2022, reporting to Hiscox London Market CEO Kate Markham.

The executive said excess profits in the London market and reinsurance could be used to invest in retail opportunities.

Analysts noted that large losses were benign but rates were earning through and should continue to improve.