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Feb 26, 2018

Hiscox Syndicates 33 and 6104 results and forecasts

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Hiscox has announced the 2015 year of account results and the latest forecasts for 2016 and 2017 for its managed syndicates 33 and 6104 as follows:

2015 year of account results

Syndicate

Capacity £000s

Result (% of capacity)

Previous forecast range as at Q3 2017 (% of capacity)

33

£999m

17.8

+5.0 to +15.0

6104

£65m

36.1

+30.0 to +40.0

2016 year of account forecasts

Syndicate

Capacity £000s

2016 year of account forecast range as at Q4 2017 %

Previous forecast range as at Q3 2017 %

33

£999m

-7.5 to +2.5

Unchanged

6104

£56m

+20.0 to +30.0

Unchanged

2017 year of account forecasts

Syndicate

Capacity £000s

2016 year of account forecast range as at Q4 2017 %

2017 year of account forecast as at Q4 2017 %

33

£1,148

-15.0 to -5.0

N/A

6104

£54m

-45.0 to -55.0

N/A

The results and forecasts take into account all managing agency and Lloyd’s charges but are before members’ agency fees.