All the headlines from our Hiscox Topic Page, ordered by recency.
May 13 2008 // Bermuda-based Hiscox Ltd. Posted mixed results, which it nonetheless described as “a good start to the year,” despite a 10 percent drop in total gross written premiums – from £358.4 million ($701.6...
Mar 21 2008 // New York-based specialty insurer Hiscox USA said it will now offer kidnap and ransom coverage and has added two experts to grow the product.Lisa Zanotelli and Derek Rogers have joined Hiscox USA to develop and underwrite...
Mar 5 2008 // According to figures released today by the UK’s Hiscox, “nearly two thirds of smaller businesses are leaving themselves hugely exposed to legal action from their own employees, despite the number of employment...
Mar 4 2008 // Bermuda-based Hiscox Ltd. posted a strong profit gain in 2007. Results, released yesterday, March 3, showed a record setting £237.2 million ($471 million) pretax profit, compared to £201.1 million ($399.5 million) in...
Jan 3 2008 // Specialist insurer Hiscox Plc has issued a stark warning to UK companies of their exposures to increased liabilities when the UK’s Corporate Manslaughter Act comes into force on April 6, 2008.The legislation had been...
Dec 27 2007 // Standard & Poor’s Ratings Services has assigned its ‘BB+’ debt ratings to the €200 million ($292 million) Class A Series 1 Principal At-Risk variable-rate notes due Jan. 10, 2011 issued by Green...
Nov 4 2007 // Valiant Insurance Group Inc. announced that John N. DiBlanda has joined its U.S. property and casualty insurance operations as chief financial officer and chief operating officer.Prior to joining Valiant, DiBlanda served...
Oct 29 2007 // Standard & Poor’s Ratings Services commented on an announcement by the Bermuda-based Everest Re Group Ltd. (A-/Negative/–) and related subsidiaries (collectively referred to as Everest). Following its...
Oct 15 2007 // Hiscox launched its U.S.-based Hiscox Global Markets, a division that underwrites internationally traded business via the Lloyd’s insurance market, and specialist retail business around the world.“The United...
Oct 12 2007 // The world is a dangerous place, and sometimes a very confusing one. Specialist insurer Hiscox has met the challenge of trying to separate outbreaks of “war, terrorism and political violence” as they...
Sep 24 2007 // The United States excess and surplus lines market presents opportunities that are not lost on the rest of the world. Lloyd’s is the second largest U.S. surplus lines writer with a 14 percent market share. Direct...
Sep 4 2007 // A.M. Best Co. has downgraded the financial strength rating (FSR) to “A” (Excellent) from “A+” (Superior) and the issuer credit rating to “a” from “aa-“of American Live Stock...
Aug 21 2007 // The Hiscox Group’s move to a Bermuda domicile seems to have paid off. The firm announced first half 2007 net pretax profits of £105.6 million ($209 million) and a 17.3 percent increase in gross premiums written to...
Aug 15 2007 // The Bermuda-based Hiscox Group has purchased 49 percent of UK Professional Indemnity broker and underwriting agency, Allison and Partners Insurance Services for an undisclosed price. The deal includes an option to buy the...
Jun 25 2007 // Bermuda-based Hiscox Ltd. has acquired – subject to regulatory approval – ALTOHA, Inc. an insurance holding company, and its subsidiaries, including American Live Stock Insurance Company, the premier live stock...
Jun 15 2007 // Standard & Poor’s Ratings Services has affirmed its “A” junior subordinated long-term debt rating on the €1.5 billion ($2 billion) undated, subordinated, fixed-to-floating rate bonds issued by...
May 31 2007 // Sue Langley, previously Chief Operating Officer at Hiscox, is leaving the Bermuda-based/UK insurer to take up a new position as Lloyd’s Director, Market Operations and North America. She is expected to formally join...
May 18 2007 // The UK’s Hiscox plc has launched two new insurance packages, available through brokers, which provide coverage for the trustees of charities, clubs and associations. Hiscox said its “Charities Insurance...
May 10 2007 // London-based Hiscox has announced the appointment of Carl Bach within its Global Markets division to spearhead business development operations in the U.S. Bach will be based in Hiscox’s Manhattan office, working with...
Mar 28 2007 // Ciicago-based Hub International Personal Insurance, a division of Hub International Limited , has launched HUBPro, a homeowners’ insurance product designed for people living in areas that have a high risk of...