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Nov 05, 2019

Hiscox Syndicate 33 and SPA 6104 latest forecasts

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Following the release of the 2019 Q3 trading statement, Hiscox has announced the latest forecasts for the 2017 and 2018 years of account for its managed syndicates 33 and 6104, as follows:-

2017 Year of Account

SyndicateLatest forecast as at 30 September 2019Previous forecast
33(7.5%) to 2.5%(7.5%) to 2.5%
6104(40%) to (30%)(40%) to (30%)

2018 Year of Account

SyndicateLatest forecast as at 30 September 2019Previous forecast
33(10%) to 0%(10%) to 0%
6104(60%) to (50%)(70%) to (60%)

For further information on rates, claims and Hiscox's interim 2019 results please see our previous article here.