Latest Hiscox Headlines
All the headlines from our Hiscox Topic Page, ordered by recency.
Eurpoean Collector, Insurer Addresses ‘Art Basil’ in Miami Beach
Dec 18 2005 // The trials and tribulations of maintaining and insuring a well-known corporate art collection, from bombings by the IRA, to being stolen by builders and damaged when cleaners sprayed paintings with window cleaner, were...
News Briefs
Dec 4 2005 // Willis Expands in China, Latin America: In a breakthrough agreement, global insurance broker Willis Group Holdings Limited, has received written approval from the China Insurance Regulatory Commission (CIRC) to increase...
European Fine Art Collector, Insurer Discusses His Trials, Tribulations at Art Basil, Miami Beach
Nov 30 2005 // The trials and tribulations of maintaining and insuring a well-known corporate art collection, from bombings by the IRA, to being stolen by builders and damaged when cleaners sprayed paintings with window cleaner, were...
Hiscox Forming Bermuda Insurer
Nov 14 2005 // Hiscox, Plc, one of the U.K.’s leading Lloyd’s and specialty insurers, announced that it’s in the process of forming a Bermuda-based subsidiary, which will “write a balanced business mix of...
Hiscox: Rita Losses $70 Million; Ups Katrina Estimates, 2006 Premium Limit
Oct 10 2005 // The U.K.-based Lloyd’s and specialty insurer Hiscox Plc issued a statement indicating that its preliminary loss estimates from Hurricane Rita are around $70 million. Hiscox also said that, based on current industry...
PIA’s Donnelly to Head New Hiscox U.S. Office; Ward, Chavez Also Join
Jul 19 2005 // Hiscox plc has announced a number of appointments to expand its presence and distribution in the U.S. market. Ed Donnelly joins Hiscox with immediate effect in the newly-created position of president of Hiscox USA. He will...
The British Are Coming! No – They’re Already Here
Jun 6 2005 // Over 200 years ago Paul Revere rallied the Minutemen with the cry: “The British are coming!” He’d be somewhat surprised to learn of today’s more benign invasion by a number of British insurance...
Hurricanes Lower Hiscox 2004 Profits to $148 Million
Mar 14 2005 // U.K. insurer Hiscox plc reported a drop in profits for 2004 of around 8 percent, posting a net figure of £77 million ($148.1 million), compared to £83.4 million ($160.5 million) in 2003, as losses from the Florida...
S&P Affirms Hiscox ‘A-‘ Ratings; Outlook Stable
Dec 22 2004 // Standard & Poor’s Ratings Services announced that it has affirmed its “A-” long-term counterparty credit and insurer financial strength ratings on U.K.-based P/C insurer Hiscox Insurance Co. Ltd....
Best Affirms Hiscox ‘A-‘ Rating
Nov 3 2004 // A.M. Best Co. announced that it has affirmed the U.K.’s Hiscox Insurance Company Limited’s financial strength rating (FSR) of “A-” (Excellent), and has assigned an issuer credit rating (ICR) of...
Hiscox Estimates Hurricanes’ Impact at $45 Million
Oct 5 2004 // U.K. insurer Hiscox PLC, which writes coverage both in the Lloyd’s market and independently, said that based on an initial review of its losses from the recent four hurricanes, which caused extensive damage in the...
U.K.’s Hiscox Posts Record $154 Million Net Pre-tax Profit
Mar 22 2004 // London’s Hiscox plc, which writes coverage both through the Lloyd’s market and independently, posted record pre tax profits for 2003 of £83.4 million ($154 million). In addition to the record earnings the...
Best Affirms Hiscox ‘A-‘ Rating
Oct 27 2003 // A.M. Best Co. announced that it has affirmed the financial strength rating of A- (Excellent) of the U.K.’s Hiscox Insurance Company Limited, with a stable outlook. “The rating reflects the company’s...
S&P Raises Hiscox Insurance to ‘A-‘
Oct 22 2003 // Standard & Poor’s Ratings Services announced that it 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...
Hiscox Notes Increased Demand for Terrorism Coverage
Apr 7 2003 // The U.K.’s Hiscox Plc, a leading London market insurer, partly owned by Chubb Corp., has reportedly seen an increase in the demand for coverage of terrorist related risks by small and medium-sized U.S. companies...
Hiscox Affirmed at ‘A-‘
Oct 28 2002 // A.M. Best Co. affirmed the financial strength rating of “A-” of Hiscox Insurance Company Limited (Hisco). The rating reflects the company’s excellent capitalization and prospective financial performance,...
Hiscox Launches New System for U.S. Terrorism Insurance
Oct 14 2002 // London-based Hiscox Plc, which operates in both the Lloyd’s and specialty lines markets, announced the launch of a unique broker “extranet system” to provide solutions for U.S. clients requiring terrorism...
Hiscox Criticizes Chubb as Shareholders Approve Rights Issue
Sep 27 2002 // Hiscox plc shareholders, with one notable exception, approved the company’s plan to issue up to 96.4 million new shares through a rights offering aimed at raising an additional £110.5 million ($171 million) to...
Chubb to Vote Against Hiscox Rights Issue
Sep 25 2002 // Chubb Corp. issued a statement that its investment services subsidiary would vote its 54,529,566 ordinary shares in Hiscox plc against the shareholder resolutions seeking approval for the issuance of 96.4 million new...
A.M. Best Affirms Hiscox ‘A-‘ (Excellent) Rating
Sep 19 2002 // A.M. Best Co. announced that it has affirmed the A- (Excellent) financial strength rating of the U.K.’s Hiscox Insurance Company Limited (Hisco) with a stable outlook. The London-based insurer, a wholly owned...
