Hiscox Syndicates Limited has released the results of the 2017 accounts and updated forecasts for Syndicates 33 and 6104:

Syndicate 33

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

1,147,315

-0.2%

-7.5% to 2.5%

2.3 points better

2018

1,598,258

-10.0% to 0.0%

-10.0% to 0.0%

unchanged

2019

1,400,000

No forecast at this stage

   

 

Syndicate 6104

Year of account

Capacity
£000s

Result/ Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2017

54,490

-35.5%

-40.0% to -30.0%

0.5 points worse

2018

55,847

-60.0% to -50.0%

-60.0% to -50.0%

unchanged

2019

57,000

No forecast at this stage

   

All results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members’ agents’ fees and charges.