Hiscox Re & ILS hails strong Q1 after posting 46% top-line growth
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Hiscox Re & ILS hails strong Q1 after posting 46% top-line growth

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Hiscox posted a 46% expansion in GWP within its Hiscox Re & ILS division in Q1, coupled with an average 10% rate uplift for the segment, as it said recent ILS inflows had helped it grow.

The firm said $217.5mn of ILS assets under management added in January allowed it to “grow in favourable market conditions in North America catastrophe and retrocession business”.

The

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