Reinsurance News

Hiscox appoints Jane Guyett as new Senior Independent Director

16th May 2025 - Author: Kane Wells -

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International specialist insurer Hiscox has appointed Jane Guyett to the role of Senior Independent Director with immediate effect.

Hiscox logoGuyett succeeds Lynn Pike following the conclusion of the 2025 Annual General Meeting, at which both Pike and fellow Independent Non-Executive Director Anne MacDonald stepped down from the Board after completing their nine-year terms.

Guyett joined the Hiscox Board in September 2024 and currently serves as Independent Non Executive Director and Chair of the Remuneration Committee.

See has over 25 years of extensive executive experience, predominantly in the banking sector across EMEA and Asia.

This includes 15 years at Bank of America Securities, latterly as Chief Operating Officer for EMEA.

In related news, Hiscox reported an increase in Group insurance contract written premiums (ICWP) of 2.4% to $1.6 billion for Q1 2025, with growth in Retail and London Market slightly offset by a decrease in the Re & ILS business when compared with the prior year.

At Hiscox Re & ILS, the company’s reinsurance and insurance-linked securities (ILS) arm, net ICWP grew by 9.1% to $222.1 million compared with $203.6 million in Q1 2024, with the firm highlighting attractive deployment opportunities at the January renewals.

However, ICWP fell by 1% to $492.2 million compared with $497.4 million in Q1 2024.