Hiscox Re has announced the launch of Hiscox Capital Partners, which is set to bring together under a single structure all the capital partnership activity the organisation has managed for nearly two decades, including third-party capital and insurance-linked securities (ILS).
According to the firm, the rebranding marks a clearer and more streamlined presentation of the firm’s product offering to cedants, brokers, institutional investors and re/insurance partners.
Hiscox Re is comprised of Hiscox Group’s reinsurance business and capital partner platform. Reinsurance is written through both Bermuda and London, with a focus on property and specialty risks.
Previously Hiscox’s insurance-linked securities (ILS) investment arm was named Hiscox ILS, but this and the third-party capital management for the Lloyd’s syndicates will now all sit under Hiscox Capital Partners.
As of September 30th 2025, ILS assets under management (AUM) at Hiscox was reported to amount to $1.3 billion.
“Hiscox Re is launching Hiscox Capital Partners to bring together, under a single structure, capital activity that we have been adeptly managing for the better part of two decades. We have a long track record of working with capital partners and this formalised approach makes it easier for them to access Hiscox Re’s underwriting expertise through tailored, transparent solutions, while continuing to support our cedants and brokers – enabling us to offer expanded solutions and meaningful capacity in a streamlined way,” Hiscox Re said in a statement.
Moreover, both the rebranding and introduction of Hiscox Capital Partners will consolidate all of the firm’s capital engagements into a single framework, thereby preventing the fragmentation that is frequently observed among quota shares, ILS funds, reinsurance sidecars, and Lloyd’s-aligned vehicles.
This structure will also facilitate participation in property catastrophe, specialty, and Lloyd’s opportunities, while also providing the flexibility to scale ILS capacity, develop Syndicate 6104-aligned strategies, and enhance managed account formats for investors over time.
And lastly, by formalising the functions that encompass ILS funds, collateralized solutions, and reinsurance support vehicles, Hiscox Re is now positioned to present new opportunities to investors in a more efficient manner.
Industry veteran, Liz Breeze, who was appointed last year to lead the Hiscox Capital Partners team brings more than 20 years of insurance experience and over 14 years at Hiscox, including previous roles across Group, Retail and as a CFO of Hiscox Re.
Breeze brings profound insights into capital markets, reinsurance knowledge, and strategic leadership to guide the ongoing growth of Hiscox Capital Partners, where she will also be instrumental in enhancing the firm’s connections with capital partners.
Alongside Breeze, Hiscox has confirmed that Vincent Prabis will maintain his senior leadership position as Managing Principal of Hiscox Capital Partners, bringing a wealth of experience in ILS and capital solutions, as well as established relationships within the global investor community.
“Together with Hiscox Re’s CEO Kathleen Reardon, and the wider Hiscox Re leadership team, they remain focused on developing our capabilities and offering more solutions to cedants, brokers, institutional investors and re/insurance partners,” Hiscox Re noted.
Kathleen Reardon, CEO, Hiscox Re, further commented, “Evolving to Hiscox Re and establishing Hiscox Capital Partners creates a clearer route to access our underwriting expertise, our portfolios and the capital opportunities we manage.
“It reflects how our business has developed over time and the increasingly strategic role these relationships play across Hiscox Group.”
