Reinsurance News

Hiscox

Hiscox is a diversified international insurance group listed on the London Stock Exchange and headquartered in Bermuda. Hiscox has over 3,000 staff across 13 countries and 32 offices, as of 2025.

The Hiscox Re & ILS division underwrites reinsurance opportunities on a global basis and also provides third-party capital capabilities.

Read our Hiscox insurance or reinsurance news and analysis below.

Hiscox announces current return estimates for Syndicates 33 and 6104

14th August 2026

Bermuda-headquartered international specialist insurer Hiscox has released current estimates for the 2024 and 2025 accounts of Syndicate 33 and Syndicate 6104. For the 2024 year of account, Hiscox has raised its estimates for Syndicate 33, which is now expected to generate a return of 6.1% to 16.1% on its capacity of ... Read the full article

More standardisation of terms, but reinsurance retentions held in H1’26: Hiscox CUO

5th August 2026

After highlighting some modest softening in terms and conditions (T&Cs) witnessed by Hiscox Re in the first half of 2026, Hiscox Group Chief Underwriting Officer (CUO), Joanne Musselle, said recently that while the firm's ability to carve out differentiated terms has lessened, importantly, retentions held. Following the release of a ... Read the full article

Hiscox Re profit up to $95m as reduction in cat exposures drive lower net premiums

5th August 2026

Hiscox Re, the reinsurance operation and third-party capital platform of Hiscox Ltd, delivered higher profit before tax of $94.6 million and an improved combined ratio of 64.7% in the first half of 2026, as net exposures reduced as the firm focuses on "supporting the growth of high-quality and long-term cedants". Hiscox ... Read the full article

Adam Bass to succeed Guy Ellis as Hiscox Head of Marine & Aviation Treaty

27th July 2026

Adam Bass has been appointed Head of Marine & Aviation Treaty at Hiscox, an international specialist insurer, succeeding market veteran Guy Ellis, who is to retire later this year. Bass brings extensive institutional knowledge and technical expertise to the role, having joined Hiscox in 2006 as a Fine Art & Specie ... Read the full article

Hiscox leaves Lloyd’s Syndicate 33 forecasts unchanged, improves 6104 outlook

15th May 2026

Hiscox has left forecasts unchanged for its flagship Lloyd’s Syndicate 33 for the 2024 and 2025 years of account, while materially improving the 2024 outlook for Syndicate 6104, according to updated year-of-account estimates. The Bermuda-headquartered specialist insurer said the current estimate for Syndicate 33’s 2024 year of account remains unchanged at ... Read the full article

Hiscox Re grows Q1’26 ICWP 7.1% as third-party capital inflows boost AUM

7th May 2026

Hiscox Re, the reinsurance business and third-party capital platform of specialist insurer Hiscox, has reported insurance contract written premiums (ICWP) of $527.1 million for Q1 2026, an increase of 7.1% from $492.2 million in Q1 2025. According to the firm, this improvement was driven by new third-party capital inflows ahead of ... Read the full article

Pen Underwriting agrees long-term partnership to support non-standard property business

8th April 2026

Pen Underwriting, a multi-class and multi-territory managing general agent (MGA), has entered into a multi-year strategic arrangement to support its non-standard household insurance portfolio across the UK, Channel Islands, and Isle of Man. From 1 April 2026, a new insurer consortium led by Zurich and Hiscox will provide capacity for Pen’s ... Read the full article

Hiscox 2025 forecasts show solid returns for Lloyd’s Syndicates

3rd March 2026

Hiscox has released the latest results and estimates for its flagship Lloyd’s syndicates, forecasting a return of 3.5% to 13.5% for Syndicate 33 and a significantly higher 23.2% to 33.2% for Syndicate 6104 for the 2025 year of account. The optimistic outlook for the 2025 year of account is complemented by ... Read the full article

Hiscox curious on data centre opportunity but cautious about accumulation risk: CUO

26th February 2026

International specialist insurer Hiscox is curious about the growth opportunity in data centres and has deployed some capacity, but remains thoughtful given the potential accumulation risk, according to Joanne Musselle, Group Chief Underwriting Officer (CUO). Hiscox held an earnings call after reporting strong financial results for 2025, with Hiscox Re ... Read the full article

Hiscox Re gains underwriting edge through blending external and internal data with tech: CUO

25th February 2026

Joanne Musselle, Group Chief Underwriting Officer (CUO) of specialist insurer Hiscox, said earlier today that the company's underwriting edge in reinsurance is driven by a combination of factors. After releasing a strong set of results for 2025, including a robust performance at Hiscox Re, the firm's reinsurance business and third-party ... Read the full article

Hiscox Re’s profit rises as combined ratio strengthens to 67.4% in 2025

25th February 2026

Hiscox Re, the reinsurance business and third-party capital platform of specialist insurer Hiscox, generated profit before tax of $286.7 million in 2025, an increase of 7% on the prior year, as the segment's undiscounted combined ratio strengthened to 67.4%. The global specialty insurer's reinsurance arm delivered insurance contract written premium (ICWP) ... Read the full article

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 strengthens delegated authority and alternative risk solutions with new division

14th January 2026

Hiscox London Market is strengthening its position in the delegated authority and alternative risk sectors with the launch of a new division, Hiscox Portfolio Solutions. The division will consist of four distinct but complementary teams: Alternative Risk, Beta-Follow, Global MGA, and Structured Solutions. Alternative Risk, written within Hiscox London Market since 2015, ... Read the full article

Hiscox Syndicates raise profit forecasts for 2024 account

11th November 2025

International specialist insurer Hiscox has released updated estimates for Syndicate 33’s and Syndicate 6104’s 2023 and 2024 accounts. For the 2023 year of account, Hiscox now estimates that Syndicate 33 will generate a return of 12% to 22% on its capacity of £1.699 billion, of which Hiscox holds a 73% share. This ... Read the full article

Hiscox report reveals widespread underinsurance among SMEs

10th November 2025

Specialist insurer Hiscox has published its first Global Protection Gap Report, highlighting the persistent issue of underinsurance among small and medium-sized enterprises (SMEs). According to Hiscox, nearly three-quarters of small businesses worldwide are unnecessarily exposed to risk due to insufficient insurance coverage. SMEs account for around 50% of global economic activity, making ... Read the full article