Hiscox
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Hiscox posted a H1 London market combined ratio that worsened by 3.7 points to 86.9%. -
Hussain said the firm’s exposure to the CrowdStrike losses was “immaterial”.
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Hiscox said in its big-ticket businesses, “positive market conditions have persisted”.
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Hales will switch to underwriting after a career specialising in marine claims.
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The City grandee has experience on the Catlin, Convex and Miller boards.
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Arch, Axa XL, Beazley, Chubb, Hiscox, Howden, MS Amlin and TMK are participating.
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With Hiscox’s founders no longer at the helm, deal-making may be more achievable.
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This publication reported that parties including Sompo and Generali were circling the carrier.
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A round-up of all the news you need today, including the possible sale of Hiscox and a new CFO at BMS.
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Sources said that Japanese big-three carrier Sompo and Italian insurance giant Generali are circling.
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Curtis Dickinson will help to oversee the strategy and vision of Hiscox Re & ILS.
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The executive said Lloyd’s was the “best place” to underwrite emerging risks.
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