Hiscox ILS adds $217mn in third-party funds in January to reach $1.6bn
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Hiscox ILS adds $217mn in third-party funds in January to reach $1.6bn

Hiscor Re and ILS.png

Hiscox raised $217mn of third-party capital for its ILS platform in January, as it recorded a turnaround in its reinsurance profit for 2021 despite elevated natural catastrophe losses.

Hiscox ILS AuM: New inflows in January came in ahead of the $190mn raised throughout 2021, leaving assets under management (AuM) at $1.6bn,

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