Hiscox to follow Amlin in Bermuda rush
Hiscox will announce plans for a Bermuda-based reinsurer tomorrow, hot on the heels of rival Amlin which promised to launch Amlin Bermuda for the beginning of the 2006 renewal season.
Hiscox is understood to have incorporated the firm and obtained a licence to trade from the island state last month and is in the process of raising money to finance the operation.Only last week
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