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Hiscox Ltd announced current estimates for Syndicate 33's and Syndicate 6104's 2023 and 2024 accounts on 10 November 2025. For Syndicate 33, the 2023 account estimate remained 12.0% to 22.0%, and the 2024 estimate revised to 2.4% to 14.4% from 1.7% to 13.7%, both representing a 73% Hiscox share of £1,699m capacity. For Syndicate 6104, the 2023 estimate updated to 41.0% to 51.0% from 38.5% to 48.5%, and the 2024 estimate updated to 7.5% to 25.0% from 5.3% to 22.8%, with Hiscox holding a 0% share of its £19m and £57m capacities respectively.
| Date | 10 Nov 2025 |
| Time | 07:30:00 |
| Category | Corporate updates |
| ID | 7457G |
Syndicates 33 and 6104 - results and estimates
Hamilton, Bermuda (10 November 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 |
12.0% to 22.0% |
12.0% to 22.0% |
£1,699m |
73% |
|
33 |
2024 |
2.4% to 14.4% |
1.7% to 13.7% |
£1,699m |
73% |
|
6104 |
2023 |
41.0% to 51.0% |
38.5% to 48.5% |
£19m |
0% |
|
6104 |
2024 |
7.5% to 25.0% |
5.3% to 22.8% |
£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
Eleanor Orebi Gann, Group Director of Communications, London +44 (0)20 7081 4815
Simone Selzer, Brunswick +44 (0)20 7404 5959
Freya Semken, 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 continue 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 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 & 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.