Hiscox

The carrier said rating in the London market came in ahead of expectations.

The short-term disruption of relisting may be justified by the long-term benefits.

The consortium will offer up to $50mn of per-program capacity.

Leigh Hellrung joins from Farmers Insurance, where she worked for 11 years.

Hiscox, Beazley and Lancashire all delivered one-off capital returns while swerving casualty issues.

Syndicate 6104 closed its 2021 year of account with a profit of 4.1%.

The deals cover 42% of the carrier’s casualty reserves.

Continued geopolitical and climate uncertainty will hold up pricing.

The London-listed carrier announced a $150mn share buyback.

Gareth Wharton announced his exit after nearly 18 years with the company in a post on LinkedIn.

The carrier said the model will enable underwriters to offer lead quotes in just three minutes.

Ratings could be lowered by one notch depending on regulatory restrictions on cash flow from Bermuda operating entities to non-operating holding companies, the ratings agency said.