5 March 2024Insurance

Hiscox ups profits in 2023 as reinsurance & ILS grab huge rate hikes

Bermuda-based global specialist insurer Hiscox more than doubled pre-tax profits in 2023, including a nearly 5x increase in profits in its reinsurance and ILS division where underwriting margins surged notably.  

Already registered?

Login to your account

To request a FREE 2-week trial subscription, please signup.
NOTE - this can take up to 48hrs to be approved.

Two Weeks Free Trial

For multi-user price options, or to check if your company has an existing subscription that we can add you to for FREE, please email Adrian Tapping at atapping@newtonmedia.co.uk


More on this story

Insurance
12 June 2026   From multinational programme management to sustainability linked risks, HDI Global believes bespoke solutions, global reach and exceptional service are the key ingredients for captive success.
Insurance
12 June 2026   William Lewis explains why Guernsey’s regulatory expertise, innovative structures and mature captive ecosystem continue to attract organisations seeking greater control over risk.
Insurance
12 June 2026   Premiums fell as policy counts surged, pointing to deeper shifts than just rate softening.