Hashtag: #HiscoxLtd
AM Best Affirms Credit Ratings Of Hiscox
AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a+” [Excellent] of Hiscox Insurance Company [Bermuda] Limited [HIB], Hiscox Insurance Company Limited [HICL] [United Kingdom], Hiscox Insurance Company [Guernsey] Limited [HIG] and Hiscox Insurance Company Inc. [HICI] [Chicago,... Read more of this article
Hiscox Insurance Appoints Curtis Dickinson
Specialist global insurer, Hiscox, has appointed former Finance Minister Curtis L. Dickinson as a Non Executive Director for its Hiscox Insurance Company [Bermuda] Limited subsidiary [HIB], subject to regulatory approval. A spokesperson said, “In this capacity, Curtis will work with the rest of the HIB board to oversee the strategy and vision... Read more of this article
Ariel Re & Hiscox Re & ILS Launch CyberShock
Ariel Re, a premier global reinsurance business with offices in Bermuda, London and Hong Kong and Hiscox Re & ILS, the reinsurance and insurance linked securities arm of specialist global insurer Hiscox, today announced the launch of CyberShock, an industry-first cyber catastrophe consortium. A spokesperson said, “The CyberShock consortium... Read more of this article
AM Best Affirms Credit Ratings Of Hiscox
AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings [Long-Term ICR] of “a+” [Excellent] for Hiscox Insurance Company [Bermuda] Limited [HIB], Hiscox Insurance Company Limited [HICL] [United Kingdom], Hiscox Insurance Company [Guernsey] Limited [HIG], and Hiscox Insurance Company Inc. [HICI]... Read more of this article
Hiscox Appoints Martindale As Chief Actuary
Hiscox, the specialist global insurer, has appointed Craig Martindale as the Group’s new Chief Actuary, subject to the relevant regulatory consents. A spokesperson said, “Craig joined Hiscox in July 2009, and has held a number of senior roles across the business during his almost 15 years with the Group. He has been Group Head of Capital Management... Read more of this article
Hiscox Appoints Matthew Wilken As CUO
Specialist global insurer Hiscox has appointed Matthew Wilken to the role of Chief Underwriting Officer for Hiscox Re & ILS. A spokesperson said, “Wilken joins on 10 January 2022 with responsibility for executing the Hiscox Re & ILS underwriting strategy, ensuring the needs of clients and capital partners are successfully met to deliver long-term... Read more of this article
Hiscox Utilizes RMS Location Technology
Specialist global insurer Hiscox said they are ”working with RMS, the world’s leading catastrophe risk solutions company, to extend and increase its use of groundbreaking RMS Location Intelligence API technology, to improve the customer experience for its coverholders by providing real-time tailored quotes. ” A spokesperson said, “RMS... Read more of this article
AM Best Affirms Credit Ratings Of Hiscox
AM Best has affirmed the Financial Strength Rating of A [Excellent] and the Long-Term Issuer Credit Ratings of “a+” [Excellent] of Bermuda-based Hiscox Insurance Company and some of its affiliated companies. At the same time, AM Best has affirmed the Long-Term ICR of “bbb+” [Good] of Hiscox Ltd [Bermuda], the ultimate non-operating holding... Read more of this article
Hiscox Appoints Prabis As Managing Principal
Hiscox Ltd announced the appointment of Vincent Prabis to the role of Managing Principal, Hiscox ILS. A spokesperson said, “Specialist global insurer Hiscox has appointed Vincent Prabis to the role of Managing Principal, Hiscox ILS. His appointment is subject to Department of Immigration and Bermuda Regulatory approval. “In his role as Managing... Read more of this article
Hiscox: Settlement In Business Losses Case
Hiscox Insurance Company Limited reached a settlement in the matter of the business interruption losses suffered as a result of the lockdown imposed by the UK Government in 2020 in response to the Covid-19 pandemic. A statement from the company said, “Hiscox Insurance Company Limited [Hiscox] and the members of the Hiscox Action Group [HAG] have... Read more of this article
Enstar Reinsures Hiscox Legacy Portfolio
Enstar Group Limited announced that one of its wholly owned subsidiaries has completed a Loss Portfolio Transfer with Hiscox Ltd. A spokesperson said, “Enstar Group Limited announces today that one of its wholly owned subsidiaries has completed a Loss Portfolio Transfer with Hiscox Ltd [Hiscox], pursuant to which Enstar’s Syndicate 2008 has... Read more of this article
Hiscox Group Increase 2020 Estimate By $48M
As a result of the UK court judgment as well as further government restrictions in the UK during 2020, Hiscox Group said their total 2020 Covid-19 estimate for business interruption “increased by $48 million net of reinsurance.” This follows after small businesses won the right to insurance payouts after Britain’s highest court ruled many... Read more of this article
