Hiscox : Syndicate 6104 underwriting progression statistics March 2021 (PDF)

Syndicate 6104 Gross Underwriting Progression Statistics - Converted US Dollars in 000's - Published 14th May 2021

	2010 Year of Account	2011 Year of Account	2012 Year of Account	2013 Year of Account	2014 Year of Account
Qtr/Year	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims
		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred
2/1	38,340	0.3%	11.1%	32,571	2.1%	9.3%	44,061	0.8%	1.0%	54,293	0.6%	1.3%	46,799	1.4%	4.4%
3/1	41,267	1.2%	17.0%	35,736	18.1%	33.4%	48,303	3.6%	4.6%	63,984	2.2%	5.4%	57,570	3.4%	7.6%
4/1	41,288	1.7%	20.2%	36,250	21.0%	43.8%	49,043	5.8%	14.3%	65,125	2.9%	5.7%	58,455	4.7%	9.7%
1/2	41,490	4.5%	22.1%	36,543	24.7%	48.8%	49,969	7.2%	23.2%	68,169	3.4%	5.7%	60,476	4.7%	10.5%
2/2	42,131	23.0%	47.5%	36,798	27.4%	58.8%	50,619	10.5%	26.8%	69,763	4.4%	5.8%	61,651	6.0%	11.3%
3/2	42,377	30.2%	57.2%	37,446	34.3%	64.5%	50,954	12.6%	28.9%	69,881	5.5%	8.6%	61,586	9.5%	13.5%
4/2	42,432	32.8%	59.6%	37,690	36.2%	63.9%	51,160	14.6%	30.1%	69,932	5.5%	8.5%	61,626	10.6%	13.9%
2/3	42,665	42.8%	71.2%	38,583	44.0%	63.5%	51,794	20.0%	30.5%	70,138	7.7%	8.6%	61,713	12.7%	15.3%
3/3	42,892	47.1%	72.0%	38,829	46.9%	60.8%	52,110	22.6%	30.5%	70,316	8.1%	8.9%	61,753	13.5%	16.3%
4/3	42,913	47.7%	71.5%	38,860	47.3%	59.8%	52,182	23.3%	30.6%	70,335	8.2%	8.9%	61,752	13.7%	16.4%
1/4	43,588	55.0%	70.6%	38,916	49.7%	59.3%	52,324	24.5%	30.2%	70,364	8.5%	8.9%	61,626	14.0%	16.4%
2/4	43,840	57.8%	70.8%	39,115	51.7%	59.2%	52,477	26.4%	30.2%	70,306	8.8%	9.2%	61,644	14.2%	16.4%
3/4	44,068	61.1%	70.9%	39,156	52.4%	58.7%	52,599	27.4%	30.3%	70,346	9.1%	9.3%	61,665	14.9%	16.0%
4/4	44,111	61.4%	70.8%	39,165	52.4%	59.8%	52,602	27.6%	30.5%	70,345	9.1%	9.3%	61,666	15.1%	16.0%
2/5	44,268	65.7%	70.9%	39,354	54.4%	59.1%	52,701	28.5%	30.6%	70,378	9.4%	9.6%	61,671	15.3%	16.1%
3/5	44,291	66.4%	70.8%	39,419	55.4%	58.5%	52,708	28.7%	32.2%	70,383	9.4%	9.6%	61,671	15.4%	16.1%
4/5	44,297	66.5%	70.8%	39,419	55.4%	58.5%	52,734	28.8%	32.3%	70,393	9.5%	9.7%	61,671	15.5%	16.1%
1/6	44,346	67.8%	70.8%	39,434	55.5%	58.6%	52,749	29.0%	32.3%	70,402	9.6%	9.8%	61,667	15.5%	16.0%
2/6	44,363	68.3%	71.2%	39,505	55.9%	58.5%	52,765	29.2%	32.5%	70,408	9.7%	9.8%	61,671	15.5%	15.8%
3/6	44,365	68.5%	71.1%	39,509	56.0%	58.5%	52,803	29.7%	34.2%	70,403	9.7%	9.8%	61,673	15.7%	15.8%
4/6	44,365	68.6%	71.0%	39,526	56.2%	58.2%	52,808	29.7%	34.2%	70,412	9.8%	9.8%	61,673	15.7%	15.8%
2/7	44,378	69.5%	71.2%	39,535	56.6%	58.5%	52,853	30.1%	34.1%	70,421	9.9%	9.9%	61,674	15.7%	15.8%
3/7	44,428	70.3%	71.4%	39,534	57.3%	58.4%	52,854	30.2%	34.1%	70,428	9.9%	10.0%	61,674	15.7%	15.9%
4/7	44,429	70.3%	71.4%	39,537	57.3%	58.4%	52,854	30.2%	34.1%	70,428	9.9%	10.0%	61,674	15.7%	15.9%
1/8	44,430	70.4%	71.6%	39,537	57.3%	58.4%	52,934	31.6%	34.1%	70,428	9.9%	10.0%	61,674	15.7%	15.8%
2/8	44,435	70.5%	71.6%	39,543	57.6%	58.3%	52,958	31.9%	34.2%	70,432	10.0%	10.0%
3/8	44,441	70.7%	71.5%	39,542	57.6%	58.2%	52,975	32.1%	34.3%	70,432	10.0%	10.0%
4/8	44,441	70.7%	71.5%	39,542	57.6%	58.2%	52,975	32.1%	34.3%	70,432	10.0%	10.0%
2/9	44,441	70.8%	71.4%	39,548	57.6%	58.2%	52,975	32.2%	34.3%
3/9	44,443	70.9%	71.4%	39,549	57.9%	58.4%	52,976	32.2%	34.3%
4/9	44,443	70.9%	71.4%	39,549	57.9%	58.4%	52,976	32.2%	34.3%
1/10	44,448	71.0%	71.5%	39,550	58.1%	58.4%	52,984	32.3%	34.3%
2/10	44,449	71.0%	71.7%	39,550	58.2%	58.5%
3/10	44,449	71.1%	71.7%	39,551	58.2%	58.4%
4/10	44,449	71.1%	71.6%	39,551	58.2%	58.4%
1/11	44,449	71.1%	71.7%	39,551	58.3%	58.5%
2/11	44,449	71.2%	71.8%
3/11	44,449	71.2%	71.7%
4/11	44,449	71.2%	71.7%
1/11	44,449	71.2%	71.7%
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Syndicate 6104 Gross Underwriting Progression Statistics - Converted US Dollars in 000's - Published 14th May 2021

	2015 Year of Account	2016 Year of Account	2017 Year of Account	2018 Year of Account	2019 Year of Account	2020 Year of Account	2021 Year of Account
Qtr/Year	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums Claims	Claims
		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred	Paid	Incurred
2/1	33,531	0.4%	2.1%	29,258	0.3%	2.8%	24,912	0.3%	3.0%	26,288	0.0%	0.4%	28,551	0.0%	0.0%	19,307	0.0%	0.0%
3/1	40,722	0.6%	3.5%	37,009	1.7%	6.5%	36,033	21.7%	54.5%	36,363	6.7%	29.4%	40,332	0.2%	10.0%	31,767	6.4%	12.2%
4/1	41,517	0.7%	3.5%	37,615	2.2%	7.9%	36,759	40.6%	68.0%	37,434	15.8%	48.2%	41,540	2.7%	5.3%	32,679	9.9%	17.6%
1/2	42,888	1.0%	4.5%	39,451	3.4%	8.9%	38,935	49.0%	83.7%	40,149	47.6%	80.6%	43,929	14.6%	45.3%	36,038	19.2%	36.8%
2/2	43,931	1.3%	4.7%	40,632	4.6%	16.7%	40,219	59.0%	86.8%	41,450	72.2%	105.9%	45,257	34.1%	57.0%
3/2	44,122	1.9%	5.6%	40,830	11.4%	20.5%	40,774	68.1%	94.4%	42,088	90.1%	134.2%	45,712	42.5%	74.6%
4/2	44,045	2.2%	5.8%	40,969	11.9%	20.6%	40,886	71.1%	95.0%	42,286	96.4%	144.7%	45,881	43.8%	74.6%
2/3	43,995	3.3%	6.5%	41,035	14.4%	19.9%	41,312	79.2%	103.9%	42,752	117.8%	148.1%
3/3	44,091	3.6%	6.7%	41,075	14.9%	20.0%	41,637	83.9%	125.4%	43,220	120.8%	156.2%
4/3	44,094	3.7%	6.7%	41,077	15.1%	20.5%	41,700	84.2%	125.1%	43,271	121.4%	155.9%
1/4	44,238	4.3%	5.9%	41,130	15.4%	20.7%	41,736	87.7%	128.8%	43,354	124.0%	156.1%
2/4	44,240	4.4%	5.9%	41,163	16.5%	20.8%	42,315	97.8%	128.0%
3/4	44,249	4.6%	6.0%	41,182	17.4%	20.4%	42,398	120.6%	128.2%
4/4	44,261	4.6%	6.0%	41,193	17.6%	20.5%	42,415	120.6%	128.1%
2/5	44,236	5.2%	6.5%	41,190	18.3%	20.3%
3/5	44,352	5.3%	6.4%	41,237	18.8%	20.8%
4/5	44,391	5.5%	6.4%	41,237	18.8%	20.8%
1/6	44,392	5.5%	6.4%	41,291	19.1%	20.7%
2/6	44,392	5.5%	6.4%
3/6	44,395	5.6%	6.4%
4/6	44,395	5.6%	6.4%
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2/9 1) The information is provided at each quarter end up to 31st March 2021

3/9 2) All Gross premium figures are cumulative converted US dollars in 000's. This conversion is at 28th February rates of exchange - $1 = £ 0.7223 = Can$ 1.2303 = Euros 0.8307 4/9 3) Gross premiums are cumulative net of all brokerage and commissions, but gross of overrider paid to Syndicate 33.

1/10 4) Gross claims paid are cumulative and are shown as a % of the Gross premiums.

2/10 5) Gross claims incurred comprise Gross claims paid plus Gross claims notified but not paid and are shown as a % of the Gross premiums. 3/10 6) Gross claims incurred exclude any provision for claims incurred but not reported.

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Syndicate 6104 Net Underwriting Progression Statistics - Converted US Dollars in 000's - Published 14th May 2021

		2010 Year of Account	2011 Year of Account	2012 Year of Account	2013 Year of Account	2014 Year of Account
	Qtr/Year	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims
			Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred
1	1/1	15,759	0.0%	0.0%	10,327	0.0%	0.0%	12,611	0.0%	0.0%	15,652	0.0%	0.0%	13,322	0.0%	0.0%
2	2/1	35,382	0.3%	12.0%	29,655	2.3%	10.2%	39,202	0.9%	1.1%	47,672	0.7%	1.4%	42,265	1.6%	4.8%
3	3/1	38,310	1.3%	18.3%	32,820	19.7%	36.3%	43,444	4.0%	5.1%	57,363	2.5%	6.0%	53,035	3.6%	8.2%
4	4/1	38,331	1.9%	21.8%	33,334	22.8%	47.6%	44,184	6.5%	15.9%	58,504	3.2%	6.4%	53,921	5.0%	10.5%
5	1/2	38,533	4.8%	23.8%	33,627	26.8%	53.0%	45,110	7.9%	25.7%	61,548	3.8%	6.4%	55,942	5.0%	11.4%
6	2/2	39,173	24.8%	51.1%	33,882	29.8%	63.8%	45,760	11.6%	29.7%	63,142	4.9%	6.5%	57,116	6.5%	12.2%
7	3/2	39,419	32.5%	61.5%	34,530	37.2%	69.9%	46,095	13.9%	31.9%	63,259	6.0%	9.5%	57,052	10.2%	14.6%
8	4/2	39,475	35.3%	64.0%	34,774	39.3%	69.3%	46,301	16.1%	33.2%	63,310	6.1%	9.3%	57,092	11.5%	15.0%
9	1/3	39,603	42.9%	71.5%	35,091	41.6%	69.0%	46,516	17.9%	33.2%	63,416	7.3%	9.4%	57,208	12.4%	15.8%
10	2/3	39,708	46.0%	76.5%	35,667	47.6%	68.7%	46,934	22.0%	33.7%	63,517	8.5%	9.5%	57,179	13.8%	16.5%
11	3/3	39,934	50.5%	77.3%	35,912	50.7%	65.7%	47,251	24.9%	33.7%	63,694	8.9%	9.8%	57,218	14.6%	17.6%
12	4/3	39,955	51.2%	76.8%	35,944	51.1%	64.7%	47,323	25.7%	33.7%	63,714	9.1%	9.8%	57,218	14.8%	17.7%
13	1/4	40,630	59.0%	75.8%	36,000	53.7%	64.1%	47,464	27.1%	33.3%	63,743	9.4%	9.8%	57,092	15.1%	17.7%
14	2/4	40,883	62.0%	75.9%	36,199	55.8%	64.0%	47,618	29.1%	33.2%	63,684	9.7%	10.2%	57,109	15.3%	17.7%
15	3/4	41,110	65.5%	76.0%	36,240	56.6%	63.4%	47,740	30.2%	33.3%	63,725	10.0%	10.3%	57,131	16.1%	17.3%
16	4/4	41,153	65.8%	75.9%	36,248	56.6%	64.7%	47,742	30.4%	33.6%	63,724	10.1%	10.3%	57,131	16.3%	17.3%
17	1/5	41,245	67.1%	75.6%	36,333	57.6%	63.9%	47,777	30.8%	33.7%	63,733	10.2%	10.3%	57,119	16.4%	17.2%
18	2/5	41,310	70.4%	75.9%	36,438	58.8%	63.9%	47,842	31.4%	33.7%	63,757	10.4%	10.6%	57,136	16.5%	17.4%
19	3/5	41,333	71.2%	75.9%	36,502	59.8%	63.2%	47,849	31.6%	35.5%	63,762	10.4%	10.6%	57,136	16.7%	17.4%
20	4/5	41,340	71.3%	75.9%	36,503	59.8%	63.2%	47,875	31.8%	35.6%	63,771	10.5%	10.7%	57,136	16.7%	17.4%
21
22	2/6	41,405	73.2%	76.2%	36,589	60.4%	63.2%	47,906	32.2%	35.8%	63,787	10.7%	10.8%	57,136	16.8%	17.0%
23	3/6	41,407	73.4%	76.2%	36,593	60.5%	63.2%	47,944	32.7%	37.6%	63,782	10.7%	10.8%	57,139	16.9%	17.1%
24	4/6	41,407	73.5%	76.0%	36,610	60.7%	62.9%	47,949	32.7%	37.6%	63,791	10.8%	10.9%	57,139	16.9%	17.1%
25
26	2/7	41,420	74.5%	76.2%	36,619	61.1%	63.2%	47,994	33.2%	37.6%	63,800	10.9%	10.9%	57,139	16.9%	17.1%
27	3/7	41,470	75.3%	76.5%	36,618	61.8%	63.1%	47,995	33.3%	37.6%	63,806	11.0%	11.0%	57,139	17.0%	17.1%
28	4/7	41,471	75.3%	76.5%	36,621	61.9%	63.1%	47,995	33.3%	37.6%	63,806	11.0%	11.0%	57,139	17.0%	17.1%
29
30	2/8	41,478	75.5%	76.7%	36,627	62.1%	62.9%	48,099	35.1%	37.7%	63,811	11.0%	11.0%
31	3/8	41,483	75.7%	76.6%	36,626	62.1%	62.8%	48,115	35.3%	37.7%	63,811	11.0%	11.1%
32	4/8	41,483	75.7%	76.6%	36,626	62.1%	62.8%	48,116	35.3%	37.7%	63,811	11.0%	11.1%
33	1/9	41,484	75.7%	76.6%	36,631	62.2%	62.8%	48,116	35.4%	37.8%	63,813	11.0%	11.1%
34	2/9	41,483	75.8%	76.5%	36,632	62.2%	62.9%	48,116	35.4%	37.8%
35	3/9	41,486	76.0%	76.5%	36,633	62.5%	63.0%	48,117	35.4%	37.7%
36	4/9	41,486	76.0%	76.5%	36,633	62.5%	63.0%	48,117	35.5%	37.7%
37	1/10	41,491	76.0%	76.6%	36,634	62.7%	63.1%	48,125	35.5%	37.7%
38	2/10	41,492	76.0%	76.8%	36,634	62.8%	63.1%
39	3/10	41,492	76.1%	76.8%	36,635	62.9%	63.1%
40	4/10	41,492	76.1%	76.8%	36,635	62.9%	63.1%
41	1/11	41,491	76.2%	76.9%	36,635	62.9%	63.2%
42	2/11	41,491	76.2%	76.9%
43	3/11	41,491	76.2%	76.9%
44	4/11	41,491	76.2%	76.9%
45	1/11	41,492	76.3%	76.9%

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Syndicate 6104 Net Underwriting Progression Statistics - Converted US Dollars in 000's - Published 14th May 2021

	2015 Year of Account	2016 Year of Account	2017 Year of Account	2018 Year of Account	2019 Year of Account	2020 Year of Account	2021 Year of Account
Qtr/Year	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims	Premiums	Claims	Claims
		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred
1/1	9,472	0.0%	0.0%	8,770	0.0%	0.0%	7,861	0.0%	1.3%	11,611	0.0%	0.0%	9,948	0.0%	0.0%	7,149	0.0%	0.0%	3,036	0.0%	0.0%
2/1	30,050	0.5%	2.3%	25,933	0.4%	3.1%	22,678	0.3%	3.3%	25,459	0.0%	0.5%	27,827	0.0%	0.0%	19,307	0.0%	0.0%
3/1	37,240	0.7%	3.8%	33,684	1.8%	7.2%	33,798	23.1%	58.1%	35,533	6.9%	30.1%	39,608	0.2%	10.1%	31,767	6.4%	12.2%
4/1	38,035	0.7%	3.8%	34,290	2.4%	8.7%	34,525	43.3%	72.4%	36,605	16.1%	49.3%	40,816	2.7%	5.4%	32,679	9.9%	17.6%
1/2	39,407	1.0%	4.9%	36,126	3.7%	9.7%	36,701	52.0%	88.8%	39,320	48.6%	82.3%	43,204	14.9%	46.1%	36,038	19.2%	36.8%
2/2	40,449	1.4%	5.1%	37,306	5.0%	18.2%	37,985	62.5%	91.9%	40,621	73.6%	108.1%	44,533	34.7%	57.9%
3/2	40,640	2.0%	6.1%	37,504	12.4%	22.3%	38,539	72.1%	99.9%	41,258	91.9%	136.9%	44,988	43.2%	75.8%
4/2	40,564	2.4%	6.3%	37,643	13.0%	22.4%	38,652	75.2%	100.5%	41,456	98.3%	147.6%	45,157	44.5%	75.8%
1/3	40,555	2.7%	6.8%	37,645	14.1%	22.3%	38,902	78.4%	108.4%	41,795	103.1%	148.6%	45,243	48.6%	76.9%
2/3	40,513	3.5%	7.1%	37,709	15.7%	21.7%	39,078	83.7%	109.8%	41,922	120.1%	151.0%
3/3	40,609	4.0%	7.3%	37,750	16.2%	21.8%	39,402	88.7%	132.5%	42,391	123.2%	159.3%
4/3	40,613	4.1%	7.3%	37,751	16.4%	22.3%	39,466	89.0%	132.2%	42,442	123.8%	159.0%
1/4	40,757	4.6%	6.4%	37,804	16.8%	22.5%	39,501	92.6%	136.1%	42,525	126.4%	159.2%
2/4	40,758	4.7%	6.4%	37,837	17.9%	22.6%	40,080	103.2%	135.2%
3/4	40,767	5.0%	6.5%	37,856	18.9%	22.2%	40,164	127.3%	135.3%
4/4	40,779	5.0%	6.5%	37,868	19.1%	22.3%	40,180	127.3%	135.2%
1/5	40,779	5.7%	7.0%	37,872	19.6%	21.9%	40,310	127.9%	134.9%
2/5	40,755	5.7%	7.0%	37,865	19.9%	22.1%
3/5	40,870	5.8%	7.0%	37,911	20.4%	22.6%
4/5	40,910	6.0%	6.9%	37,911	20.5%	22.6%
2/6	40,911	6.0%	6.9%
3/6	40,913	6.1%	6.9%
4/6	40,913	6.1%	6.9%
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1/9 Notes
2/9	1) The information is provided at each quarter end up to 31st March 2021
3/9	2) All Net premium figures are cumulative converted US dollars in 000's. This conversion is at 28th February rates of exchange - $1 = £ 0.7223 = Can$ 1.2303 = Euros 0.8307
4/9	3) Net premiums are cumulative net of all brokerage, commissions and reinsurance, but gross of overrider paid to Syndicate 33.
1/10	4) Net claims paid are cumulative and are shown as a % of the Net premiums.
2/10	5) Net claims incurred comprise Net claims paid plus Net claims notified but not paid and are shown as a % of the Net premiums.
3/10	6) Net claims incurred exclude any provision for claims incurred but not reported.
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