Latest Hiscox Headlines

All the headlines from our Hiscox Topic Page, ordered by recency.

Hiscox Opens Miami Office

May 21 2009 // Hiscox, an international specialist insurer, opened an office in Miami in an effort to further expand its U.S. operations. The Miami office, which is located in the heart of the Brickell area, will serve as an on the...

People

Mar 23 2009 // Kansas Gov. Kathleen Sebelius is President Barack Obama’s choice for secretary of health and human services. Sebelius, 60, is seen as a solid choice to head HHS because as a governor responsible for the Medicaid...

People

Mar 23 2009 // Richard G. “Dick” Clarke, senior vice president of J. Smith Lanier & Co. in West Point, Ga., has been elected 2009 president of RiskProNet International, a network of 25 independent insurance brokers in...

People

Mar 9 2009 // Seacrest Partners Inc., a Savannah, Georgia-based insurance brokerage and employee benefits consulting firm, has named J. Cliff McCurry as vice chairman. McCurry will oversee business development activities for the...

People

Feb 8 2009 // The California Insurance Wholesalers Association awarded Hank Haldeman its recipient of the 2008 Industry Achievement Award. The award was given in appreciation of Haldeman’s outstanding dedication and hard work in...

Hiscox Comments on Renewals, Investments, Currency, Hurricanes

Jan 27 2009 // Bermuda-based Hiscox Ltd. has issued a summary of the January renewals, its expected investment returns and the effect of currency fluctuations, as well as its hurricane loss estimates. Hiscox said it has “seen good...

People

Jan 25 2009 // The Insurance Marketing and Communications Association named Richard Look president. He is a marketing communications veteran with agency and insurance company experience, and currently serves as vice president of...

London’s Reach Bolsters U.S. Specialty Lines

Jan 25 2009 // Insurers Catlin, Beazley, Amlin, Hiscox and Newcomer Torus Find Their Niche in U.S. Market Find a need, then fill it,” is a hoary business principle, but making it work is often harder than it looks. However, a...

Hiscox Names Whetstone to Global Markets E&O Operation in Chicago

Jan 14 2009 // International insurance insurer Hiscox has appointed Jim Whetstone as senior vice president for Global Errors and Omissions (E&O) in the Global Markets area. He is based in Hiscox’s Chicago office. In this...

Hiscox Appoints Gadaleta, Leisz to Head Management Liability Division

Dec 18 2008 // Hiscox has appointed Bob Gadaleta and Chris Leisz as senior vice presidents in the Management Liability Division. They are based in Hiscox’s Manhattan office. Gadaleta and Chris will focus on expanding the existing...

S&P Raises Hiscox (UK) Ratings to ‘A’; Assigns Stable Outlook

Dec 2 2008 // Standard & Poor’s Ratings Services has raised its long-term counterparty credit and insurer financial strength ratings on U.K.-based non-life insurer Hiscox Insurance Co. Ltd. (HISCO) to ‘A’ from...

Hiscox Sees Strong 2009 Despite Premium Income Drop

Nov 10 2008 // The Bermuda-based, but UK-listed, insurer Hiscox expects strong growth in 2009, thanks to rising premiums in some of its core markets and increased business due to credit and capital problems at some competitors, it said...

Best Affirms Hiscox Lloyd’s Syndicate 33 ‘A’ Ratings

Sep 18 2008 // A.M. Best Co. has affirmed the Best’s Syndicate Rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of Lloyd’s Syndicate 33, which is managed by Hiscox Syndicates Limited...

Best Upgrades Hiscox Ratings to ‘A’

Sep 18 2008 // A.M. Best Co. has upgraded the financial strength ratings (FSR) to ‘A’ (Excellent) from ‘A-‘ (Excellent) and the issuer credit ratings (ICRs) to “a” from “a-” of Hiscox...

Study: U.S. Entrepreneurs More Optimistic on Taking Risks

Jul 23 2008 // Despite a weakened economic market, a new study from Hiscox shows that 46 percent of American small business owners still feel that they can make more as entrepreneurs than the traditional corporate world. The Hiscox...

Hiscox Comments on Recent Art Sales

Jun 27 2008 // A bulletin from Hiscox in London notes that “modern, contemporary and 19th century European art continues to see double digit growth despite global uncertainty. The value of modern and contemporary art has continued...

Hiscox Posts Mixed Q1 Results

May 13 2008 // Bermuda-based Hiscox Ltd. Posted mixed results, which it nonetheless described as “a good start to the year,” despite a 10 percent drop in total gross written premiums – from £358.4 million ($701.6...

Hiscox USA Adds 2 Experts in Kidnap and Ransom Coverage

Mar 21 2008 // New York-based specialty insurer Hiscox USA said it will now offer kidnap and ransom coverage and has added two experts to grow the product. Lisa Zanotelli and Derek Rogers have joined Hiscox USA to develop and underwrite...

Hiscox Warns UK Businesses on Increasing Employee Lawsuits

Mar 5 2008 // According to figures released today by the UK’s Hiscox, “nearly two thirds of smaller businesses are leaving themselves hugely exposed to legal action from their own employees, despite the number of employment...

Hiscox 2007 Net up 18% to $471M

Mar 4 2008 // Bermuda-based Hiscox Ltd. posted a strong profit gain in 2007. Results, released yesterday, March 3, showed a record setting £237.2 million ($471 million) pretax profit, compared to £201.1 million ($399.5 million) in...