Hiscox Ltd Syndicates 33 and 6104 -- results and estimates (0990T)
10 Novembre 2023 - 12:30PM
UK Regulatory
TIDMHSX
RNS Number : 0990T
Hiscox Ltd
10 November 2023
Syndicates 33 and 6104 - results and estimates
Hamilton, Bermuda (10 November 2023 ) - Hiscox Ltd (LSE: HSX),
the international specialist insurer, announces the current
estimates for Syndicate 33's 2021 and 2022 accounts, and Syndicate
6104's 2020, 2021 and 2022 accounts.
The estimates for 2020 (Syndicate 6104 only), 2021 and 2022
expressed as a percentage of capacity, are as follows:
Syndicate Year of Current estimate Previous estimate Capacity Hiscox share
account
33 2021 1.1% to 11.1% 0.6% to 10.6% GBP1,699m 73%
--------- ---------------------- ---------------------- ---------- -------------
33 2022 4.4% to 14.4% 3.8% to 13.8% GBP1,700m 73%
--------- ---------------------- ---------------------- ---------- -------------
6104 2020 0.4% to 10.4% 0.2% to 10.2% GBP44m 0%
--------- ---------------------- ---------------------- ---------- -------------
6104 2021 (5.9%) to 9.1% (6.7%) to 8.3% GBP23m 0%
--------- ---------------------- ---------------------- ---------- -------------
6104 2022 9.9% to 19.9% 3.0% to 13.0% GBP13m 0%
--------- ---------------------- ---------------------- ---------- -------------
ENDS
F or further information:
Investors and analysts
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, Group Head of Communications, London +44
(0)207 081 4815
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 14 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 .
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END
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