
Hiscox ILS, the insurance-linked securities (ILS) and collateralised reinsurance underwriting unit of specialist underwriter Hiscox Group, had a successful renewals and now targets growth in 2022, with some additional assets raised for 1/1, .In the next in our series of sponsor showcase video interviews for , we welcomed Vincent Prabis, Managing Principal at Hiscox ILS, one of our Gold sponsors for the conference.Prabis discussed the recent January renewals, from the perspective of the Hiscox ILS unit deployment of capital and revealed that the company received additional support from investors.“We’re pleased to say that it was a successful period for Hiscox ILS,” Prabis explained, “In general we renew about 50% of our gross written premium at 1/1.
Prabis highlighted the improvement in reinsurance market conditions, that he feels make growth possible in 2022.“It’s a bit too early to share specific numbers, but we observed significant hardening in many areas of our portfolio.“Our outlook on ILS as an asset class remains positive, due to the ongoing repricing and the fact that, in our view it continues to deliver an attractive and uncorrelated risk-adjusted return,” Prabis said.
Hear more from Vincent Prabis of Hiscox ILS during a panel discussion he will moderate at .For details and to register for the conference, visit the event website: .The full video interview is embedded below and can also be .
You can also listen in audio to our interviews by .For all enquiries regarding please contact ———————————————————————.All of our Artemis Live insurance-linked securities (ILS), catastrophe bonds and reinsurance can be accessed online.
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Publisher: Artemis