All the headlines from our Hiscox Topic Page, ordered by recency.
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...
Mar 13 2007 // The newly Bermuda-based Hiscox Ltd. announced greatly improved preliminary results for the year ended December 31, 2006, with record pretax profits of £201.1 million ($388 million) compared to £70.2 million ($135.5...
Feb 14 2007 // Hiscox, the Bermuda-based Group that specializes in fine arts coverage in the US and the UK, “announced the acquisition of the renewal rights of Eriks Assuradeuren, a Dutch insurer specializing in commercial fine...
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
Dec 24 2006 // E&O, Professional/Management LiabilityNew P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically for...
Dec 13 2006 // The UK-based Hiscox Limited has officially become Bermuda-based Hiscox Ltd., as shares of the redomiciled Group were admitted to trade on the London Stock Exchange yesterday, Dec. 12. Hiscox noted that “following...
Nov 23 2006 // Hiscox plc, a leading specialist insurer, has opened two new European offices – one in Sweden and another in Portugal – as part of its commiment to further European development.“The offices in Stockholm...
Nov 19 2006 // Merchants Group Inc. in Buffalo, N.Y., which sells property casualty insurance through Merchants Insurance Co. of New Hampshire, agreed to be bought by American European Group Inc., a private insurance holding company.The...
Nov 19 2006 // Hiscox, Bermuda Holding CompanyLondon’s Hiscox plc outlined its corporate reorganization plan. A new Bermudan domiciled holding company for the Group, Hiscox Ltd., has been established. Shareholders of Hiscox will...
Nov 9 2006 // Hiscox USA, part of the Hiscox Group, a provider of specialty insurance, is now licensed to provide technology errors and omissions (E&O) insurance to U.S. businesses directly from its two New York locations.Neil...