Hiscox Syndicates Limited has released updated forecasts on the 2020 and 2021 years for Syndicate 33 and SPA 6104 as follows:

Syndicate 33

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

1,698,078

-4.8% to 5.2%

-7.5% to 2.5%

2.7 points better

2021

1,699,385

-3.6% to 6.4%

-4.1% to 5.9%

0.5 points better

 

SPA 6104

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

44,363

-3.2% to 6.8%

-13.4% to -3.4%

10.2 points better

2021

23,272

-16.1% to -1.1%

-19.5% to -4.5%

3.4 points better

A summary of updated forecasts as at 30 June 2022 is available here.

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