REG - Hiscox Ltd - Syndicates 33 and 6104 – results and estimates

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RNS Number : 4425I  Hiscox Ltd  13 May 2025

 

Syndicates 33 and 6104 - results and estimates

 

Hamilton, Bermuda (13 May 2025) - Hiscox Ltd (LSE: HSX), the international
specialist insurer, announces the current estimates for Syndicate 33's and
Syndicate 6104's 2023 and 2024 accounts.

 

 

The estimates for 2023 and 2024 expressed as a percentage of capacity, are as
follows:

 

 Syndicate  Year of account  Current estimate  Previous estimate  Capacity  Hiscox share
 33         2023             11.3% to 21.3%    10.4% to 20.4%     £1,699m   73%
 33         2024             0.9% to 13.0%     3.0% to 13.0%      £1,699m   73%
 6104       2023             29.7% to 39.7%    27.7% to 37.7%     £19m      0%
 6104       2024             2.1% to 17.1%     2.5% to 17.5%      £57m      0%

 

 

ENDS

 

 

For further information:

Hiscox Ltd

Yana O'Sullivan, Director of Investor Relations, London  +44 (0)20 3321 5598

Marc Wetherhill, Group Company Secretary, Bermuda     +1 441 278 8300

Media

Tom Burns, Brunswick +44 (0)20 7404 5959

Simone Selzer, Brunswick +44 (0)20 7404 5959

 

Notes to editors

About The Hiscox Group

 

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 Bermuda and listed
on the London Stock Exchange (LSE:HSX). Our ambition is to be a respected
specialist insurer with a diverse portfolio by product and geography. We
believe that building balance between catastrophe-exposed business and less
volatile local specialty business gives us opportunities for profitable growth
throughout the insurance cycle.

 

The Hiscox Group employs over 3,000 people in 13 countries, and has customers
worldwide. Through the retail businesses in the UK, Europe, Asia and the USA,
we offer a range of specialist insurance for professionals and business
customers as well as homeowners. Internationally traded, bigger ticket
business and reinsurance is underwritten through Hiscox London Market and
Hiscox Re & ILS.

 

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 (http://www.hiscoxgroup.com) .

.

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