Hashtag: #HiscoxLtd
Hiscox Sells Animal Insurance Business
Hiscox Ltd announced on September 14th that it has agreed to sell its US animal mortality business to Markel Service, Incorporated. The business operates under the American Live Stock name and provides both equine and livestock cover, will be transitioned to Markel subject to receipt of required regulatory approvals and compliance with regulatory requirements.... Read more of this article
Interim Results: Hiscox Profits Down 31%
Bermuda-headquartered Hiscox released its interim results for the six months ended 30 June 2010, with natural disasters causing the company to a report a fall in half-year profits. Hiscox’s interim pretax profit fell 31% from last year to 97.2 million pounds. Chairman Robert Hiscox said “Hiscox is defensively placed for these market conditions... Read more of this article
Chile Quake:Hiscox Estimate $150 Million Loss
Bermuda based Hiscox Ltd announced that from initial estimates, they estimate a combined net loss of approximately $151 million from the Chile earthquake. Hiscox stated: Hiscox underwrites no specific Chilean reinsurance programmes, but has exposure through its underwriting of global and regional reinsurance and retrocessional programmes. Hiscox has... Read more of this article
