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Hiscox Capital Partners ILS assets rise 93% to $2.9bn in H1 2026
The insurer said gross inflows to its ILS strategies totaled $1.4 billion, lifting first-half ILS fee income to $53 million from $21 million a year earlier.
Hiscox Capital Partners, the Hiscox Re unit focused on insurance-linked securities and quota-share partnerships, said its ILS assets under management rose to $2.9 billion as of July 1, 2026, up from $2.4 billion at April 1 and $1.5 billion at the start of the year. Artemis reported that this represented a 93% increase in 2026 so far, driven by continued third-party capital inflows.
Hiscox also said gross inflows to its ILS strategies totaled $1.4 billion in the first half of 2026, with $1.0 billion flowing into its catastrophe bond funds. The company reported first-half 2026 fee income of $53 million, compared with $21 million in H1 2025, and noted that California wildfires had depressed fee income in the prior year.
Artemis added that inflows into quota-share arrangements and ILS funds helped boost Hiscox Re’s insurance contract written premium by 6.4% in the first half. The company attributed pressure in the reinsurance market to falling rates, saying rates dropped 16% over the period.
Hiscox’s CEO Aki Hussain said 83% of the portfolio remains rate adequate or better, and that rates are up 54% since 2018, as the company manages net natural catastrophe exposures. The firm also referenced its earlier announcement to consolidate capital partnership activity under Hiscox Capital Partners and pointed to a $1 billion US mandate won from TCorp earlier in 2026.
source_note: Artemis.