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Hiscox Expansion of ILS Activity Includes New Collaterized Capability,...

Insurer Hiscox said it is building a collateralized reinsurance insurance linked securities (ILS) capability for launch on January 1, 2017, in addition to expanding its fully-fronted ILS fund...

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Krefta Named CEO of Hiscox Re and ILS, Succeeding Pinchin

Specialist global insurer Hiscox announced that Michael Krefta has been appointed CEO of Hiscox Re and ILS, and CEO of Hiscox Bermuda, effective Aug. 1, 2017. He will succeed Jeremy Pinchin who, after...

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Experience Is Everything for Krefta, CEO-in-Waiting at Hiscox Re & ILS

When someone gets to be a CEO at the age of 36, perhaps it’s a good idea to listen to his story about how he got there and some of the lessons he’s learned. From his current position as chief...

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Hiscox Taps Sompo’s Szakmary to Lead Bermuda Underwriting; Smith to Lead...

Specialist global insurer Hiscox has announced the appointment of Adam Szakmary as director of underwriting for Hiscox Insurance Company Bermuda, subject to immigration and regulatory approval....

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Fine Art of Underwriting Through Soft & Slightly Harder Market Cycles

Twenty or so years ago, a London market marine underwriter declared he was going golfing one afternoon because he had reached his annual capacity level. That was an underwriting model commonly used in...

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U.S. Flood Models Still in Infancy, So Underwriters Must Be ‘Cautious Consumers’

The market for privately written inland flood insurance in the United States is growing rapidly, but flood modeling is still in its infancy. As a result, underwriters need to be aware of the...

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Flood Model Development Helps Hiscox Re & ILS Enter U.S. Flood Protection Market

Less than 12 percent of U.S. homeowners have a flood insurance policy, despite the fact that flooding is the country’s most common natural disaster, said Katy Sivyer, underwriter for North America and...

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Hiscox Re & ILS Promotes Dolphin to Director of Underwriting, Lee to COO

Specialist Bermuda-based insurer Hiscox announced two new appointments within Hiscox Re & ILS. Andrew Dolphin has been appointed director of Underwriting – London, replacing Megan McConnell who is...

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Hiscox to Raise Capital in Response to COVID-19 Growth Opportunities and...

Lloyd’s insurer Hiscox is planning a capital raise via the placement of new ordinary shares, which will enable the company to respond to expected growth opportunities ahead and prudently prepare for...

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Krefta, CEO of Hiscox Re & ILS, to Exit Hiscox to Pursue Interests Outside of...

Hiscox, the global specialist insurer, announced that Mike Krefta has decided to return to the UK in early 2021, having completed almost four years as CEO of Hiscox Re & ILS based in Bermuda. After...

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Hiscox Appoints Former Hamilton Executive Reardon as CEO of Hiscox Re & ILS

Hiscox Ltd., the international specialist insurer, announced the appointment of Kathleen Reardon as CEO of Hiscox Re & ILS, subject to regulatory approval. Reardon succeeds Mike Krefta, who, as...

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Reinsurers Face Major Claims Uncertainties, but Reap Benefits of Pricing...

A principal negative factor affecting the reinsurance industry is the large amount of claims uncertainty, but positive tailwinds are offsetting these negative headwinds, creating a stable outlook for...

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People Moves: WTW Hires Magilton to Lead Canada Risk & Broking, Powney to...

This edition of International People Moves details appointments at Willis Towers Watson and Hiscox. A summary of these new hires follows here. WTW Hires Canada Risk & Broking Leader, Europe/UK...

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People Moves: Hiscox Re & ILS Hires Hamilton Re’s Shah as Dir. of U/W Risk;...

This edition of International People Moves details appointments at Hiscox Re & ILS, Berkshire Hathaway Specialty Insurance (BHSI), and Aon’s Reinsurance Solutions A summary of these new hires...

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