Robert Hiscox
Robert Hiscox
Robert Hiscox is a British businessman and philanthropist. He was the chairman of Hiscox Ltd, the Lloyd's of London underwriter for 43 years, until his retirement in 2013. He is now honorary president. He was also deputy chairman of Lloyd's between 1993 and 1995 and helped save it from the brink of collapse...
build business coming company dry feed group major terms thinking
The thinking is that with the major U.S. renewals coming in July, we should keep our tinder dry in terms of writing catastrophe business and feed the company with group business to build it up.
caused less major overall
For a less well-diversified business, the hurricanes would have caused a major overall loss.
losing million
To make 70 million after losing 165 million in hurricanes does show the fundamental profitability of the company.