Insights

Hiscox Syndicate 33 & SPA 6104 2017 Result & 2018 Year of Account Forecast

Posted 02.03.2020 – Insights

Hiscox has announced the result for the 2017 year of account for its syndicate 33 and its SPA 6104 and has also released updated (though unchanged) forecasts for the 2018 year of account.

Syndicate 33
The 2017 result of -0.2% of capacity is better than the midpoint of the previous forecast range, which was set between -7.5% and 2.5% of capacity.
The 2018 forecast loss remains unchanged, with a range of between -10.0% and 0.0% of capacity.

SPA 6104
The 2017 result of -35.5% of capacity is very close to the midpoint of the previous forecast range, which was set between -40.0% and -30.0% of capacity.
The 2018 forecast loss remains unchanged, with a range of between -60.0% and -50.0% of capacity.

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