Sector expected to pay £9.5m towards management expenses in 2016/17, up from £6.6m for 2015/16.
The Financial Conduct Authority (FCA) has proposed a Financial Services Compensation Scheme (FSCS) management expenses levy limit (MELL) of £72.7m for the 2016/17 financial year, with £9.5m to be paid...
Group chief underwriting officer Richard Watson says that insurer hopes to continue to grow alongside broker partners as it develops cyber and SME offering.
The Gibraltar Financial Services Commission states company is insolvent and that it intends to appoint a liquidator.
As Hiscox UK and Europe drives down COR to 79.9% for H1 2016 from 86.8% in 2015.
Keep abreast of the movers and shakers in the insurance world this week.