Hiscox Syndicate 6104 raises profit estimates
Bermudian carrier Hiscox has increased profit estimates for the
2014 and 2015 years of account (YoAs) at its Special Purpose
Syndicate 6104 by 2.5 and 5 percentage points respectively.
The estimated profit on capacity stemming from the 2014 YoA was
revised up from between 25 and 35 percent to between 27.5 and 37.5
percent of the syndicate's £72mn capacity.
The 2015 YoA was given a more substantial revision as the profit
estimate increased from between 10 to 20 percent of...
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