Hiscox

Hiscox Re Insurance Linked Strategies Ltd. (Hiscox Re ILS), the manager of third-party reinsurance investment funds at re/insurer Hiscox, has grown its assets under management again to reach $1.6 billion, as the ILS business helped Hiscox also grow its catastrophe premiums.

The Hiscox Re & ILS business, which is made up of the reinsurance underwriting and insurance-linked securities (ILS) management at global specialist re/insurer Hiscox Group, underwrote significantly more premiums during the first-quarter of the year, but noted that it had to fight hard for it.

Hiscox Re Insurance Linked Strategies Ltd. (Hiscox Re ILS), the manager of third-party reinsurance capital funds at Hiscox, has grown its assets under management to a new high at $1.5 billion after attracting additional capital following the losses of 2017 and now plans to expand its product range too.

Hiscox Group, the specialist insurance and reinsurance firm, has experienced further growth in its Hiscox Re ILS funds in the last quarter, but following the major catastrophe losses is witnessing “material hardening” with some property catastrophe reinsurance rates expected to be up as much as 30%.

Hiscox Re ILS, the reinsurance and insurance-linked securities (ILS) arm of global re/insurer Hiscox Group, has added a new portfolio manager to its ILS investment team recently, hiring Aaron Garcia from London re/insurer Novae Group.

Insurance and reinsurance firm Hiscox said today that it would increase its stamp capacity for its Lloyd’s of London syndicate by around 45%, as it predicts a “widespread market turn” following the major industry losses from recent catastrophe events.

The insurance-linked securities (ILS) and collateralized reinsurance fund management business at re/insurance group Hiscox continues to drive growth in the firms reinsurance segment, with ILS assets under management at Hiscox Re & ILS now exceeding $1.35 billion.

Global insurance and reinsurance specialist Hiscox has reported that its insurance-linked securities (ILS) funds recorded increased assets under management (AuM) to $1.3 billion in the first-quarter of 2017, while the firm continues to manage the softening cycle by shifting its underwriting focus.

Hiscox Re, the reinsurance part of the Hiscox Re & ILS division, has announced a new hire and an executive change, as Adam Szakmary who left ILS manager Blue Capital Management recently. Another change at the company involves Michael Jedraszak, who is leaving from his role as Chief Investment Officer of the ILS unit at […]

Hiscox Re Insurance Linked Strategies Ltd. has become the latest ILS investment fund manager to sign up to the Hedge Fund Standards Board, an organisation that brings hedge fund managers and investors together to set standards for the industry, as a signatory.