Hiscox
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The movers include former line underwriter for major property D&F, James Robertson. -
A resurgence in IPO activity may help provide new business for underwriters and reduce competition.
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Rates are continuing to soften in D&O and cyber, according to CFO Paul Cooper.
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The carrier’s retail division saw the largest growth at 4.7%.
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Nick Orton said the market is now pricing for non-peak perils, amid some surprise losses.
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We may be in the midst of US hurricane season, but international catastrophe losses can emerge at any moment.
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The carrier noted that the board has commenced the search for a permanent chair.
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The ex-Prudential CEO was aboard the yacht with tech entrepreneur Mike Lynch.
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Hiscox has gone live with its AI-enhanced lead underwriting model for sabotage and terrorism business.
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Lancashire was the only carrier to see double-digit growth in insurance revenue for H1.
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Plus the latest people moves and all the top news of the week.
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Hiscox posted a H1 London market combined ratio that worsened by 3.7 points to 86.9%.
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