Hiscox
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The loss portfolio transfer reinsures around $116mn of the group’s share of Syndicate 33 reserves from between 1993 and 2018. -
The carrier completed legacy deals within both its Re & ILS and London market segments.
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The carrier is in growth mode in reinsurance following a period of caution, owing to pricing concerns.
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The carrier posted $48mn of losses relating to Ukraine and said that rates were keeping pace with inflation.
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Of the companies ShareAction has asked to disclose ethnicity pay gap data, just three financial firms, including Hiscox, have agreed to do so.
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The appointment of Pushpa Sriwignarajah comes amid change within the Hiscox cyber team.
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Craig Dunn’s exit follows a flurry of movement in the cyber market.
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His departure comes after several years of extensive remedial work on the Hiscox London Market property portfolio to strip out volatility.
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The revised estimates come after Hiscox reported its results for the first quarter last week.
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The appointment of Granger follows other recent cyber market moves, including the entry of Starr to the market.
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Swiss Re goes against the tide in expanding in cat, while specialty rates appear to be holding up better than expected.
Most Recent
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Lancashire offers to buy out Names on Syndicate 2010
01 July 2025 -
Hadley set to leave MCI Syndicate 1902 for Starr
01 July 2025