Hiscox adds $40mn to reserves for Jebi and Michael loss creep

12 July 2019

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Hiscox has added $40mn to its reserves due to significant loss deterioration from Typhoon Jebi and Hurricane Michael, the carrier revealed in an update on its half-year performance today.

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Hiscox adds $40mn to reserves for Jebi and Michael loss creep

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Hiscox adds $40mn to reserves for Jebi and Michael loss creep

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Fuel a smarter strategy with our actionable market intelligence

Topics

Leadenhall parent MS&AD acquires 18% of $470bn asset manager Barings

Mapfre Re targets $125mn with second Recoletos Re cat bond issuance

RenRe grows partner capital to $8.54bn at end of Q3

Cat bond pace builds steam with $1.42bn of limit entering the market

Five themes for ILS from Q3 earnings