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About Us
Syndicate Management
Investing at Lloyd's
tax-corporate-services
News
Hiscox Syndicates Limited has released updated forecasts for Syndicate 33 and SPA 6104.
These are as follows:
Syndicate 33
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
1,699,385 |
1.1% to 11.1% |
0.6% to 10.6% |
0.5 points better |
2022 |
1,699,337 |
4.4% to 14.4% |
3.8% to 13.8% |
0.6 points better |
SPA 6104
Year of account |
Capacity |
Updated Forecast |
Previous Forecast |
Change at |
2021 |
23,272 |
-5.9% to 9.1% |
-6.7% to 8.3% |
0.8 points better |
2022 |
12,676 |
9.9% to 19.9% |
3.0% to 13.0% |
6.9 points better |
There is also an improvement reported in the open 2020 year of SPA 6104. This SPA did not close by reinsurance at the end of 2022, given uncertainty relating to some reinsurance claims. The forecast for this year has improved by 0.2 percentage points of capacity to a range between a profit of 0.4% and 10.4% having been 0.2% to 10.2% of capacity at the second quarter.
Publication of forecasts for the open years of Hiscox syndicates follows a trading update to the end of September, released by Hiscox Group on Wednesday 8th November. Details can be found here