Hiscox Limited has provided us with updated forecasts for the open 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

-3.6% to 6.4%

-4.8% to 5.2%

1.2 points better

2021

1,699,385

-2.2% to 7.8%

-3.6% to 6.4%

1.4 points better

 

SPA 6104:

Year of account

Capacity
£000s

Revised forecast Range

Previous Forecast
Range

Change at
Midpoint

2020

44,363

-4.7% to 5.3%

-3.2% to 6.8%

1.5 points worse

2021

23,272

-17.1% to -2.1%

-16.1% to -1.1%

1 points worse

 

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