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Reading: Insurer Hiscox strains up chairman months after Bayesian sinking
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Michigan Post > Blog > Business > Insurer Hiscox strains up chairman months after Bayesian sinking
Business

Insurer Hiscox strains up chairman months after Bayesian sinking

By Editorial Board Published April 7, 2025 1 Min Read
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Insurer Hiscox strains up chairman months after Bayesian sinking

Hiscox, the London-listed insurer, is near naming a brand new chairman practically eight months after the drowning of Jonathan Bloomer on the posh yacht of know-how tycoon Mike Lynch.

Insurance coverage insiders mentioned that Mr Berliand was amongst fewer than a handful of potential successors to Mr Bloomer.

The sinking of the Bayesian off the Sicilian coast final August claimed the lives of Mr Lynch and his daughter, together with 5 different passengers, together with Mr Bloomer.

A former boss of Prudential, Mr Bloomer was a popular determine within the Metropolis.

He had chaired Hiscox for only a 12 months when he died.

The identities of the opposite candidates being thought of by the corporate have been unclear on Monday.

Hiscox, which has a market capitalisation of simply over £3.8bn, has seen its shares slip by about 12pc over the past 12 months.

It was based as a single underwriter at Lloyd’s in 1901.

A Hiscox spokesperson declined to remark.

TAGGED:BayesianchairmanHiscoxInsurerlinesmonthssinking
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