07:00 Mon 03 Aug 2020
Hiscox Ltd - Syndicates 33 and 6104 – results and estimates
Syndicates 33 and 6104 - results and estimates
The estimates for 2018 and 2019, expressed as a percentage of capacity, are as follows:
Syndicate | Year of account | Current estimate | Previous estimate | Capacity | Hiscox share |
33 | 2018 | (9.5%) to 0.5% | (8.5%) to 2.0% | | 73% |
33 | 2019 | (13.5%) to (3.5%) | (8.0%) to 2.0% | | 73% |
6104 | 2018 | (55.0%) to (45.0%) | (65.0%) to (55.0%) | | 0% |
6104 | 2019 | (40.5%) to (30.5%) | (75.0%) to (65.0%) | | 0% |
ENDS
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Notes to editors:
1. The Syndicates' estimates are after standard personal expenses, such as Managing Agent fees and profit commission and all charges levied directly on syndicates by Lloyd's, but before Members Agents' charges.
2. Hiscox is a global specialist insurer, headquartered in
Our values define our business, with a focus on people, courage, ownership and integrity. We pride ourselves on being true to our word and our award-winning claims service is testament to that. For more information, visit www.hiscoxgroup.com.
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