Kidnap and ransom helps boost Hiscox written premiums
Jerry Frank - Monday 11 May 2009
AN UPSURGE in demand for kidnap and ransom cover has helped global insurer Hiscox notch a first quarter 51% increase in sterling-measured gross written business.
Hiscox has reported strong interest for its K&R product amid the increased threat of piracy attacks against merchant shipping off the Horn of Africa.
Group chairman Robert Hiscox...



