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Enstar Reinsures Hiscox Legacy Portfolio

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

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

AM Best Affirms Credit Ratings Of Hiscox

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+” of Hiscox Insurance Company [Bermuda] Limited and a number of their related entities. At the same time, AM Best has affirmed the Long-Term ICR of “bbb+” of Hiscox Ltd [Hiscox] [Bermuda], the ultimate non-operating holding company... Read more of this article

Hiscox Appoints Kathleen Reardon As CEO

Hiscox Appoints Kathleen Reardon As CEO

Hiscox Ltd announced the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. A spokesperson said, “Hiscox Ltd, the international specialist insurer, is pleased to announce the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. Kathleen will succeed Mike Krefta,... Read more of this article

Cricket U11 & U14 Youth Leagues To Start

Cricket U11 & U14 Youth Leagues To Start

The Bermuda Cricket Board announced the start of the 2020 BCB U11 and U14 Youth Leagues. “Hiscox will continue to be the title sponsor of the U11 league with games being played on Monday’s and Wednesday’s until September 9 at Warwick Academy Field. Teams include: Warwick Academy, Warwick Workmen’s, Somerset CC and Cleveland CCC,”... Read more of this article

Leadership Change Within Hiscox Re & ILS

Leadership Change Within Hiscox Re & ILS

Hiscox Bermuda today announced that Mike Krefta, who is currently the Hiscox Re & ILS CEO based in Bermuda, will be leaving Hiscox in early 2021. A spokesperson said, “Hiscox, the global specialist insurer, today announces that Mike Krefta has decided to return to the UK in early 2021, having completed almost four years as CEO of Hiscox Re... Read more of this article

Hiscox & Thimble’s Short-Term Liability Insurance

Hiscox & Thimble’s Short-Term Liability Insurance

Hiscox has partnered with Thimble to offer short-term liability insurance, available by the hour, day, or month. A spokesperson said, “Hiscox, a leading small business insurer, has partnered with Thimble, the insurance partner that makes insurance simple to help small businesses succeed on their own terms by offering short-term liability insurance,... Read more of this article

Hiscox Bermuda Relocates To A New Office

Hiscox Bermuda Relocates To A New Office

Hiscox Bermuda office has recently relocated into a refurbished new space in the Chesney House, Waterfront Properties. A spokesperson said, “On Monday 17th February, 2020 Hiscox moved into a stunning new office situated in the heart of the reinsurance business hub in Hamilton. Bronek Masojada Hiscox CEO, Rob Childs Hiscox Chairman, Premier of... Read more of this article

Hiscox Launches New FloodPlus AR App

Hiscox Launches New FloodPlus AR App

Hiscox, the specialist global insurer, has developed a new app – FloodPlus AR – that uses Augmented Reality [AR] to “illustrate the growing flood threat to coastal towns and cities from rising sea levels.” The new app allows people to see how predicted sea level rises could affect Greenville, a suburb of Jersey City in the US, using... Read more of this article

Hiscox & ILS Employees In U.S. Charity Relay

Hiscox & ILS Employees In U.S. Charity Relay

A team of nine employees from Hiscox Re and ILS from London and Bermuda recently covered 200 miles in 24 hours as participants in New Hampshire’s Ragnar Reach the Beach Relay in support of Action on Alzheimer’s & Dementia Bermuda [AAD], raising more than $7,000. A spokesperson said, “The employees also held an in-house raffle across the... Read more of this article

Cricket Skills & Drills & 11&U All Star Game

Cricket Skills & Drills & 11&U All Star Game

The Bermuda Cricket Board [BCB] and Hiscox, the specialist insurer, jointly announce plans for the Annual Hiscox Skills & Drills Youth Development Festival A spokesperson said, “The Festival is designed to celebrate community based 11&Under cricket in a fun but challenging environment. “Each player will be able to test and showcase... Read more of this article

Hiscox: Protection For ‘Business Integrity Risks’

Hiscox: Protection For ‘Business Integrity Risks’

Hiscox, the specialist global insurer, has launched a newly enhanced version of its Security Incident Response [SIR] product, to provide additional protection for ‘business integrity risks’ including corruption and fraud. The new SIR policy also includes cover for expenses incurred by a business when dealing with an insured event. SIR – originally... Read more of this article

Hiscox 11&U Celebrity Cricket Festival On June 9

Hiscox 11&U Celebrity Cricket Festival On June 9

The Bermuda Cricket Board [BCB] and Hiscox today [June 5] announced that the 10th annual Hiscox 11&U Celebrity Cricket Festival will be held on June 9 at the National Sports Centre, North Field. A spokesperson said, “The Festival is designed to celebrate community based 11&Under cricket and to raise money for the BCB youth programs. This... Read more of this article