Bronek Masojada, the chief executive of Hiscox has called for a separate trade body to represent the interests of general insurance from those of the life and savings sector.
Omega Underwriting yesterday became the second Lloyd's of London insurer in a week to announce plans to change its domicile to Bermuda, the 0% tax haven, says the Times .
Hiscox yesterday became the latest insurer to abandon London for a low-tax Bermudian domicile, reports the Times .