Hiscox CEO Bronek Masojada said that the firm fell short of its target to deploy $250mn through its collateralised vehicle Kiskadee Re because market softening meant the pledged capital could not be deployed at acceptable return levels.
Hiscox CEO Bronek Masojada said that the firm fell short of its target to deploy $250mn through its collateralised vehicle Kiskadee Re because market softening meant the pledged capital could not be deployed at acceptable return levels.