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...Auction sales of art made since 2000 fell by 17 per cent last year, according to the Hiscox Artist Top 100 report, published this week....
...The Hiscox report finds that in 2021, wet paint sales proceeds were $130mn (average price $272,000), while in 2022, the higher volume made $109mn (average $106,000)....
...The rest will come from insurers including Beazley and Hiscox. That leaves the government with a lot of risk....
...Phil Thorn, head of direct home insurance at Hiscox, says that there are parallels with the luxury car market. “A lot of them have moved to electronic key access....
...Hiscox’s personal cyber insurance covers similar risks. “It is a service-driven proposition,” says Stephen Ridley, a senior underwriter specialising in cyber and data at Hiscox....
...Beazley, Hiscox and Lancashire trade at relatively high valuations, however, which could put buyers off....
...The Hiscox report identifies key challenges to buying auction items online....
...A host of big names in the industry including AIG, RSA and Hiscox have chosen the country as their new European base....
...M&G, the asset management arm of UK insurer Prudential, as well as the insurers AIG, FM Global and Hiscox are among those that have decided to set up subsidiaries or divisions in Luxembourg in response to...
...RSA is to follow a raft of other insurers including AIG and Hiscox by setting up a new EU base in Luxembourg....
...In gross currency terms, Hiscox said premiums rose 21 per cent, boosted by foreign exchange moves....
...Several well known insurers — including Munich Re, Ark Syndicate, Hiscox, Swiss Re, XL Catlin, Beazley, Talbot and Markel — now provide specialist cover, and underwrite the market....
...Kalpana Shah Partner and chief actuary, Hiscox 73. Nilufer von Bismarck Partner and head of equity capital markets, Slaughter and May 74....
...Lloyd’s insurer Hiscox says gross written premiums increased 12.9 per cent in the first nine months to £1.5bn....
...While the company trades at a premium of 43 per cent to book value, Hiscox is on 81 per cent and Beazley 69 per cent....
...Sasa Brcerevic, chief operating officer of Hiscox’s London market business, says that although Hiscox will be entitled to a share of the business Willis places, it will still be able to opt out of individual...
...It has reduced the premium to Beazley’s prospective tangible book value from 65 per cent to 54 per cent – leaving it on a slight discount to peers Hiscox and Lancashire, notes Numis....
...Catlin estimated it would endure net Sandy-related losses of about $200m, Hiscox claims about £90m and Novae says it would have costs of between $25m and $30m....
...Hiscox shares were down 0.5 per cent to 436p....
...Hiscox , the insurer and reinsurer, fell 1.6 per cent to 476.5p....
...James Brady, a 32-year-old underwriter with insurer Hiscox in the City, has in the past year adopted a preppy look from the London branch of Brooks Brothers....
...the sale of Aviva USA at an investor day on 24 May - Barclays faces a fresh assault from shareholders this week when it admits that a new wave of mis-selling claims has cost at least £100m - Hiscox...
...Bronek Masojada, chief executive of Hiscox and another ex-McKinsey consultant, says insurers have become a “much more attractive” prospect for young people “The quality of people going into the industry...
...Bronek Masojada, chief executive of Hiscox, the London listed insurer and reinsurer, still forecasts an overall price rise across the reinsurance industry of between 5 and 10 per cent....
...Both Amlin and Hiscox, another large listed Lloyd’s vehicle, reported a 0.9 per cent investment return for 2011. That compares with 4 per cent and 3.6 per cent, respectively, for 2010....
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