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On March 3, 2026, Hiscox Ltd announced the final results for Syndicates 33 and 6104's 2023 accounts, alongside current estimates for their 2024 and 2025 accounts. Syndicate 33 reported a 19.1% final result for its 2023 account on £1,699m capacity (Hiscox share 73%), and its 2024 and 2025 estimates are 3.4-15.4% and 3.5-13.5% respectively, both on £1,699m capacity. Syndicate 6104's 2023 final result was 51.7% on £19m capacity (Hiscox share 0%), with 2024 estimates of 7.8-25.3% on £57m capacity and 2025 estimates of 23.2-33.2% on £79m capacity.
| Date | 3 Mar 2026 |
| Time | 09:30:35 |
| Category | Corporate updates |
| ID | 1178V |
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.