Hiscox 33 delivers 4.4% profit for 2020 YoA but SPA 6104 kept open on BI uncertainty
Hiscox’s flagship Syndicate 33 has closed the 2020 year of account (YoA) with a profit of 4.4 percent of its £1.698bn capacity, but its smaller Special Purpose Arrangement Syndicate 6104 remains open amid continued uncertainty over the outcome of Covid-19 business interruption claims.