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

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RNS Number : 1178V  Hiscox Ltd  03 March 2026

 

Syndicates 33 and 6104 - results and estimates

 

Hamilton, Bermuda (3 March 2026) - Hiscox Ltd (LSE: HSX), the international
specialist insurer, announces the final results for Syndicate 33's and
Syndicate 6104's 2023 account. It also announces the current estimates for
Syndicate 33 and Syndicate 6104's 2024 and 2025 accounts.

 

The results for 2023 account (excluding Members' Agent fee) expressed as a
percentage of capacity, are as follows:

 

 Syndicate  Year of account  Closing result  Previous estimate  Capacity  Hiscox share
 33         2023             19.1%           12.0% to 22.0%     £1,699m   73%
 6104       2023             51.7%           41.0% to 51.0%     £19m      0%

 

The estimates for 2024 and 2025 expressed as a percentage of capacity, are as
follows:

 

 Syndicate  Year of account  Current estimate  Previous estimate  Capacity  Hiscox share
 33         2024             3.4% to 15.4%     2.4% to 14.4%      £1,699m   73%
 33         2025             3.5% to 13.5%     N/A                £1,699m   73%
 6104       2024             7.8% to 25.3%     7.5% to 25.0%      £57m      0%
 6104       2025             23.2% to 33.2%    N/A                £79m      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

Eleanor Orebi Gann, Chief Communications Officer, London +44 (0)20 7081 4815

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 specialty insurer, headquartered in Bermuda and listed
on the London Stock Exchange (LSE:HSX). With roots dating back to 1901, 2026
marks 125 years of Hiscox and we are proud of our long heritage in insuring
specialist and complex risks. Our ambition is to continue to be among the
world's most respected specialist insurers, 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 our retail businesses in the USA, UK and Europe, we offer a
range of specialist insurance products in commercial and personal lines.
Internationally traded, bigger-ticket business and reinsurance is underwritten
through Hiscox London Market and Hiscox Re.

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.

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