Hiscox Re News

Hiscox Appoints RMS’ Khare as Group Head of Catastrophe Research

Specialist insurer Hiscox has appointed Shree Khare as group head of Catastrophe Research. Khare will lead the research that directly informs Hiscox’s own view of risk and its underwriting strategies for catastrophe perils. In particular, while working across the Hiscox …

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 five years in Bermuda, will return to …

Hiscox Expansion of ILS Activity Includes New Collaterized Capability, Rebranding

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 structures. The expanded ILS team is being rebranded as Hiscox Re Insurance …

Hiscox’s ILS Unit, Kiskadee, and Hiscox Re Announce 3 Senior Appointments

Bermuda-headquartered Hiscox Re’s insurance linked securities (ILS) operation, Kiskadee Investment Managers, announced that Andrew Hughes will assume the role of ILS chief compliance officer and general counsel, while Dr. Matthew Swann has been appointed portfolio manager. In addition, Michael Jedraszak, …

Hiscox Merges Casualty Reinsurance Teams; Pascall Leads New Team

Hiscox has merged its Bermuda and London Market casualty reinsurance teams. The new division, operating under the Hiscox Re brand, and led by Nick Pascall as head of Casualty Reinsurance, controls a combined portfolio of US$50 million gross written premiums …

Cardinal Re Launch Takes Hiscox’s ILS Assets to More Than $600 Million

Kiskadee Investment Managers, Hiscox Re’s insurance linked securities (ILS) operation, has launched Cardinal Re Ltd., a Bermuda-domiciled special purpose insurer designed to transform collateralized insurance and reinsurance risk into a security more suited for capital market investors. The launch of …

Hiscox Reports 12% Hike in Gross Written Premiums on Good Claims Experience

Bermuda-based Hiscox Ltd., the international specialist insurer, reported gross written premiums increased by 12 percent to £561.7 million ($869.6 million), compared to £501.6 million ($776.6 million) reported during the first quarter of 2014. Bronek Masojada, chief executive, commented: “It’s been …

Hiscox Re Names Bakhshi, Thakrar Chief Officers

Hiscox Re, the newly combined reinsurance operations of Hiscox, announced the appointments of Reeva Bakhshi as chief financial officer and Paresh Thakrar as chief operating officer. CFO Bakhshi will be based in Hiscox’s Bermuda office. She previously held a number …