Hashtag: #HiscoxLtd
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
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, 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
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
Hiscox Estimate $150M Claims From Hurricane
Hiscox Ltd has undertaken a first estimate of the impact of Hurricane Harvey, saying they estimate net claims of approximately $150 million. “Based on an insured market loss of US$25 billion [excluding the government backed National Flood Insurance Program], Hiscox estimates net claims of approximately US$150 million. This is within the Group’s... Read more of this article
AM Best Affirms Ratings Of Hiscox Insurance
A.M. Best has affirmed the Financial Strength Ratings [FSR] of A [Excellent] and the Long-Term Issuer Credit Ratings [Long Term ICR] of “a+” of Hiscox Insurance Company [Bermuda] Limited [Hiscox Bermuda], Hiscox Insurance Company Limited [Hisco] [United Kingdom], Hiscox Insurance Company [Guernsey] Limited [Hiscox Guernsey], Hiscox Insurance Company,... Read more of this article
Leadership Changes For Hiscox Bermuda
Specialist global insurer Hiscox announced leadership changes within Hiscox Re and ILS, and Hiscox Bermuda. Jeremy Pinchin, Chief Executive Officer of Hiscox Re and ILS, and Chief Executive Officer of Hiscox Bermuda, is to return to London next year, and Michael Krefta will be appointed into the Bermuda-based roles with effect from 1 August 2017, subject... Read more of this article
Hiscox: Collateralised Reinsurance ILS Capability
Bermuda-based Hiscox is to build a collateralised reinsurance insurance linked securities [ILS] capability to be launched on 1 January 2017, in addition to an expansion of its fully-fronted ILS fund structures. To reflect the move and the growing range of ILS products it can offer, the ILS team is to rebrand under Hiscox Re Insurance Linked Strategies.... Read more of this article
Kiskadee Investment Appoints Hughes & Swann
Hiscox Re’s Insurance Linked Strategies [ILS] operation, Kiskadee Investment Managers, has announced two senior appointments. Andrew Hughes will assume the role of ILS Chief Compliance Officer and General Counsel, and Dr Matthew Swann has been appointed to the position of Portfolio Manager. In addition, Michael Jedraszak, who has served as the Director... Read more of this article
Kiskadee Investment Launches Cardinal Re Ltd
Kiskadee Investment Managers, Hiscox Re’s insurance linked securities [ILS] operation, has launched Cardinal Re Ltd; a Bermuda domiciled Special Purpose Insurer designed to transform collateralised insurance and reinsurance risk into a security more suited for capital market investors. The launch of Cardinal Re takes Kiskadee Investment Managers’... Read more of this article
2015 Hiscox 11&U Celebrity Cricket Festival
[Updated with video] Today [June 3] the Bermuda Cricket Board [BCB] and Hiscox, the specialist insurer, jointly announce plans for the 2015 Hiscox 11&U Celebrity Cricket Festival. The Festival is designed to celebrate community based 11&under cricket and to raise money for the BCB youth programs, and will take place on Sunday 7 June at the National... Read more of this article
Hiscox: Strong Inflows To Kiskadee ILS Funds
Hiscox Ltd. announced that total assets under management in its Kiskadee insurance-linked strategies [ILS] funds, have grown to over $400 million at 1 January 2015. The company said, “Commitments from existing investors have been complemented by strong inflows from new investors, and Kiskadee has also received firm commitments of additional capital... Read more of this article
Third Point Realigns Partnership With Hiscox
Bermuda-based Third Point Reinsurance Ltd. announced a “re-alignment of its partnership” with Hiscox Insurance Company [Bermuda] Limited in the catastrophe reinsurance fund management business. The company said, “Third Point Re intends to contribute certain resources of Third Point Reinsurance Investment Management Ltd. into Hiscox’s... Read more of this article
ACE, Hiscox And Deloitte Provide Assistance
In the aftermath of Hurricanes Fay and Gonzalo, both the Bermuda Aquarium, Museum & Zoo and Trunk Island, like so many other locations across Bermuda, were in need of assistance from volunteers to help remove debris and prepare the sites for repairs. “A call then went out, and we at the Bermuda Zoological Society are grateful that volunteers... Read more of this article
A.M. Best Affirms Ratings of Hiscox Insurance
Rating company A.M. Best has affirmed the financial strength rating of A [Excellent] and issuer credit rating of “a+” of Hiscox Insurance Company, Inc. [HICI] [Chicago, IL]. The outlook for both ratings is stable. The ratings agency said, “These ratings are based upon A.M. Best’s criteria, “Rating Members of Insurance Groups,” and take... Read more of this article
Hiscox Re Announces New Senior Roles
Hiscox Re has made two senior appointments, with Bevis Tetlow appointed to a new role as Chair of North America and Caribbean, and Philip Vandoninck appointed to a new role of Chair of International. A spokesperson said, “Bevis Tetlow [pictured left], who is based in Bermuda, joined Hiscox in 2005 and has previously had roles at Risk Management... Read more of this article
