Reinsurance News

Hiscox Re & ILS

Hiscox Re unveils streamlined structure and new capital partners unit

17th February 2026

Hiscox Re & ILS, the reinsurance and insurance-linked securities (ILS) unit within Hiscox Group, has rebranded as Hiscox Re in a move aimed at presenting a clearer, more streamlined offering to cedants, brokers, institutional investors and re/insurance partners. The business has also launched Hiscox Capital Partners, bringing together under a single ... Read the full article

Hiscox Re & ILS grows ICWP to $525.6m in 9M’25

6th November 2025

Hiscox Re & ILS, which includes the global insurer’s reinsurance operations in London and Bermuda as well as its insurance-linked securities (ILS) business, reported insurance contract written premiums (ICWP) of $525.6 million for the first nine months to 30 September 2025, up from $491 million in the same period of ... Read the full article

Large spread of price movements at the mid-year, Hiscox Re & ILS portfolio well rated: Group CUO

6th August 2025

Joanne Musselle, Group Chief Underwriting Officer (CUO) of specialist insurer and reinsurer Hiscox, has explained that although the Hiscox Re & ILS business saw aggregate rates decline 6% in the first half of the year, the firm did see a "relatively large spread at the mid-year renewals." During Hiscox's recently held ... Read the full article

Hiscox Re & ILS reports top-line growth but LA wildfires dent H1’25 underwriting result

6th August 2025

Hiscox Re & ILS, which comprises the global insurer's reinsurance businesses in London and Bermuda and insurance-linked securities (ILS) activity, posted a 7% rise in insurance contract written premium (ICWP) for the first half of 2025 to $887.3 million, although the combined ratio increased to 95.1% as a result of ... Read the full article

Hiscox posts Re & ILS premiums of $492m in Q1’25, expects more favourable mid-year renewals

1st May 2025

Specialist insurer Hiscox has reported an increase in Group insurance contract written premiums (ICWP) of 2.4% to $1.6 billion for the first quarter of 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 ... Read the full article

Hiscox reinstated retro and bought additional cover after LA wildfires

4th March 2025

The start of 2025 saw several wildfires impact the Greater Los Angeles area, causing loss of life and widespread destruction, with insurance industry losses currently coalescing around the $40 billion mark, leading Hiscox to tap its retrocession coverage. Specialist insurer Hiscox recently reported that its own losses from the wildfires, projected ... Read the full article

Hiscox Re & ILS profit soars in 2024 as ICWP exceeds $1bn

27th February 2025

Hiscox Re & ILS, the international reinsurance and insurance-linked securities arm of Hiscox, has reported a 2024 pre-tax profit of $267.5 million, up from $221.4 million in 2023, alongside an improved undiscounted combined ratio of 69%. Hiscox Re & ILS surpassed the $1 billion insurance contract written premium (ICWP) mark in ... Read the full article

Conditions in property cat to remain ‘very attractive’ in 2025: Hiscox CFO

7th November 2024

Paul Cooper, Group Chief Financial Officer of Hiscox, has noted that in light of recent catastrophe activity, rates are expected to remain robust, creating "very attractive" conditions in the property cat market. As a result, the company plans to gradually deploy additional capital into this sector. Speaking during an analyst call ... Read the full article

Hiscox Re & ILS reports strong H1’24 growth as CoR strengthens to 73.8%

7th August 2024

Hiscox Re & ILS, the Group's reinsurance businesses in London and Bermuda and insurance-linked securities (ILS) activity, produced a strong and improved combined ratio of 73.8% for the first half of 2024, while net premiums written in the segment rose by 10.5% as Hiscox looked to capitalise on attractive market ... Read the full article

Dickinson named Non-Exec Director of Hiscox Insurance Company (Bermuda)

3rd July 2024

Specialist global insurer, Hiscox, has announced the appointment of Curtis L. Dickinson as a Non Executive Director for its subsidiary Hiscox Insurance Company (Bermuda) Limited (HIB) board, subject to regulatory approval. Dickinson, who has over 25 years of experience in investment and commercial banking across the USA, UK and Bermuda, will ... Read the full article

Hiscox Re & ILS grows 19% in Q1 2024 as it continues to deploy capital

2nd May 2024

International specialist insurer Hiscox has announced net insurance contract written premium (ICWP) within Hiscox Re & ILS grew 19.0% as the business continued to seize attractive market opportunities deploying additional capital and new quota share capacity. In Q1 2024, the international reinsurance and insurance-linked securities (ILS) arm of the Hiscox Group ... Read the full article

Hiscox Re & ILS and Ariel Re launch cyber catastrophe consortium

25th April 2024

Hiscox Re & ILS and Ariel Re have launched CyberShock, a new cyber catastrophe consortium designed to improve certainty of coverage in the cyber insurance space. This new consortium will offer up to USD 50 million of per-programme capacity providing bespoke, event-based coverage for cyber insurers globally. Through CyberShock, carriers are expected ... Read the full article

Hiscox Re & ILS sees record profit of $221.4m in 2023, CoR drops to 69.8%

5th March 2024

Hiscox Re & ILS, the international reinsurance and insurance-linked securities (ILS) arm of the Hiscox Group, has revealed an undiscounted combined ratio of 69.8% for the full year 2023, and a record profit before tax of $221.4 million in "an active year for natural catastrophe losses". Hiscox Re & ILS also ... Read the full article

Hiscox Re & ILS hires RGA’s Ryan Barker as Chief Technology Officer

30th August 2023

Ryan Barker has been appointed to the role of Chief Technology Officer of Hiscox Re & ILS, the reinsurance and insurance-linked securities arm of specialist global insurer Hiscox. Barker who will join the firm on October 2, 2023, will be responsible for driving all aspects of the business’ technology strategy. In the ... Read the full article

Hiscox sees attractive rates across all segments as written premiums hit $1.4bn

4th May 2023

Specialist insurer and reinsurer Hiscox has announced that net insurance contract written premiums (ICWP) increased by 7.4% to $1.42 billion in Q1 2023, as the carrier highlights an attractive rate environment across all business segments. In its Q1 2023 trading statement, Hiscox highlights a favourable rate environment, with particularly attractive rates ... Read the full article