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Hiscox Re Announces New Senior Roles

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

Hiscox Staff Sign Up As YouthNet Mentors

Hiscox Staff Sign Up As YouthNet Mentors

A team of volunteers from a Bermuda reinsurance company are helping to give back to the community by becoming mentors for some of the Island’s young people, with staff at Hiscox volunteering to become reading mentors for YouthNet, which runs school-based mentoring programmes throughout the Island. Ross Nottingham, Senior Vice President Underwriting,... Read more of this article

Hiscox Re Announces New Senior Appointments

Hiscox Re Announces New Senior Appointments

Hiscox Re, the newly combined reinsurance operations of Hiscox, has continued to strengthen its senior management team with the appointments of Reeva Bakhshi as Chief Financial Officer and Paresh Thakrar as Chief Operating Officer. As Chief Financial Officer, Reeva Bakhshi will be based in Hiscox’s Bermuda office. She previously held a number of high... Read more of this article

Lowther & Cossar Appointed At Kiskadee

Lowther & Cossar Appointed At Kiskadee

Kiskadee Investment Managers, Hiscox Re’s Insurance Linked Securities [ILS] asset management subsidiary, has appointed Richard Lowther as Chief Operating Officer. In addition, Alan Cossar, former Chairman of the Bermuda Monetary Authority, has been appointed as the Non-Executive Chairman of the two new Kiskadee ILS funds managed by Kiskadee Investment... Read more of this article

A.M. Best Affirms Hiscox Insurance Ratings

A.M. Best Affirms Hiscox Insurance Ratings

A.M. Best has affirmed the financial strength rating [FSR] of A [Excellent] and issuer credit ratings [ICR] of “a+” of Hiscox Insurance Company [Bermuda] Limited [Hiscox Bermuda], Hiscox Insurance Company Limited [Hisco] [United Kingdom] and Hiscox Insurance Company [Guernsey] Limited [Hiscox Guernsey]. Concurrently, A.M. Best has affirmed the ICR... Read more of this article

Insurer Hiscox Expands Bermuda Casualty Team

Insurer Hiscox Expands Bermuda Casualty Team

Specialty insurer Hiscox has announced further expansion in their non-property catastrophe business. Based in Bermuda and led by Ian Thompson, the Casualty team will expand on Hiscox’s existing healthcare products with the addition of further casualty treaty lines. As part of the expansion, Nicholas Pascall [Senior Vice President] and Sharmini Samuels... Read more of this article

Hiscox Re Announce Underwriting Appointments

Hiscox Re Announce Underwriting Appointments

Specialist insurer Hiscox announces the following appointments to Hiscox Re, the newly combined reinsurance business operating from London, Paris and Bermuda. In London, the following appointments will join Hiscox Re CEO, Jeremy Pinchin, on the Hiscox Re management team: Damian Smith becomes Director of Non Marine Underwriting for Bermuda, and will... Read more of this article

Bermuda’s Official Island Games Kit Revealed

Bermuda’s Official Island Games Kit Revealed

As the excitement mounts around the upcoming Island Games, sponsor Hiscox has unveiled the official Bermuda team kit. Held every two years, the Island Games are due to be held for the first time in Bermuda from the 13-19 July. Jeremy Pinchin, CEO for Hiscox Bermuda, said: “Less than a year on from the London Olympics, those suffering from ‘Games’... Read more of this article

Jeremy Pinchin Appointed CEO For Hiscox Re

Jeremy Pinchin Appointed CEO For Hiscox Re

Hiscox, the international specialist insurer, today [June 10] announced that Jeremy Pinchin has been appointed CEO for Hiscox Re. This appointment is the first step in a plan to merge Hiscox’s reinsurance functions in London, Paris and Bermuda, into a single business unit. Mr Pinchin joined Hiscox in 2005 as Group Claims Director and became CEO of... Read more of this article

Local ‘Celebrities’ To Take Part In Cricket Game

Local ‘Celebrities’ To Take Part In Cricket Game

The Bermuda Cricket Board [BCB] and Hiscox jointly announced plans for the 2013 Hiscox 11&U Celebrity Cricket Festival, which will see a number of well known people take to the pitch including Governor George Fergusson, Premier Craig Cannonier, Minister Michael Dunkley, Tyler Butterfield and Powergirl. The Festival is designed to celebrate community... Read more of this article

JP Morgan Cazenove Affirms Hiscox Rating

JP Morgan Cazenove Affirms Hiscox Rating

Bermuda-incorporated insurance provider Hiscox Ltd. had the neutral rating on their shares reiterated by in a research note issued to investors on Wednesday. The firm currently has a $7.49 target price on the stock. A number of other firms have also recently commented on Hiscox. Analysts at Westhouse Securities reiterated a neutral rating on shares... Read more of this article

Hiscox Unveils London Market Division

Hiscox Unveils London Market Division

Bermuda-based Hiscox Ltd. has established a separate London market insurance division, industry journal “Business Insurance” reported this week [Apr.23]. Hiscox said that Paul Lawrence has been named chief underwriting officer of the division. Mr. Lawrence also has been named joint active underwriter of Hiscox’s multiline Lloyd’s of... Read more of this article

Westhouse Securities Reaffirms Hiscox Rating

Westhouse Securities Reaffirms Hiscox Rating

Stock in Hiscox Ltd. — which maintains a major Bermuda presence — had its “neutral” rating reaffirmed by research analysts at Westhouse Securities in a report released on Thursday [Apr. 11], AnalystRatingsNetwork.com reports. They currently have a $8.13 target price on the stock. A number of other firms have also recently commented on... Read more of this article

Hiscox Ltd. Has Price Target Lifted By Barclays

Hiscox Ltd. Has Price Target Lifted By Barclays

Insurer Hiscox Ltd. — which operates a major Bermuda platform — had its price target lifted by Barclays Capital from $7.73 to $8.74 in a research report sent to investors on Thursday [Apr.4], Analyst Ratings Network reports. The firm currently has an overweight rating on the stock. Several other analysts have also recently commented on the... Read more of this article

Lazzaro Appointed To Property Catastrophe Team

Lazzaro Appointed To Property Catastrophe Team

Hiscox Bermuda has expanded its US property catastrophe team with the appointment of Bill Lazzaro as Vice President – Underwriting. Reporting to Bevis Tetlow, Senior Vice President at Hiscox Bermuda, Bill Lazzaro joins from Aon Benfield where he held a variety of roles over the last nine years, most latterly as Director leading reinsurance placement... Read more of this article

Best Ratings Raised For Hiscox Subsidiary

Best Ratings Raised For Hiscox Subsidiary

Ratings agency A.M. Best Co. today [Dec. 18] upgraded the issuer credit rating to “a+” from “a” and affirmed the financial strength rating of ‘A’ (Excellent) of Chicago-based Hiscox Insurance Company, Inc. [HICI], a subsidiary of Bermuda’s Hiscox. Both ratings have stable outlooks. Best said the ratings of HICI “reflect the consolidation... Read more of this article