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Updated forecasts as at Q2 2025 from Hiscox

Hiscox Syndicates Limited has provided us with updated forecasts as at 30th June 2025 for the 2023 and 2024 years of account for syndicate 33 and SPA 6104. These are as follows:

Syndicate 33

Year of account

Capacity
£000s

Updated Forecast Range

Previous Forecast
Range

Change at
Midpoint

2023

1,699,020

12.0% to 22.0%

11.3% to 21.3%

0.7 points better

2024

1,700,000

1.7% to 13.7%

0.9% to 13.0%

0.8 points better

SPA 6104

Year of account

Capacity
£000s

Updated Forecast Range

Previous Forecast
Range

Change at
Midpoint

2023

19,429

38.5% to 48.5%

29.7% to 39.7%

8.8 points better

2024

56,556

5.3% to 22.8%

2.1% to 17.1%

4.5 points better

Syndicate results and forecasts are expressed as a percentage of allocated capacity and are after all standard personal expenses but before members' agents' charges.

As a reminder, the full schedule of syndicate forecasts is expected on 21st August. A schedule of the forecasts received to date is available here.

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