Hiscox : Syndicate 33 underwriting progression statistics Mar 2024

Syndicate 33 Gross Underwriting Progression Statistics - Converted US Dollars in 000's - Published 31st March 2024

	2010 Year of Account	2011 Year of Account	2012 Year of Account	2013 Year of Account	2014 Year of Account	2015 Year of Account	2016 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	193,399	0.3%	1.2%	157,188	0.2%	1.7%	159,214	0.2%	2.8%	139,649	0.1%	0.3%	123,116	0.2%	1.2%	132,232	0.6%	1.8%	133,132	0.8%	1.6%
2/1	400,177	2.2%	13.6%	348,905	2.2%	12.4%	363,924	1.7%	5.0%	347,017	0.4%	3.2%	318,431	0.4%	4.2%	335,540	0.8%	8.5%	338,988	1.5%	4.7%
3/1	635,715	4.0%	18.6%	569,118	7.7%	22.9%	594,591	1.9%	7.4%	556,331	1.5%	7.8%	566,587	1.8%	7.0%	562,115	3.6%	9.8%	597,702	3.2%	9.5%
4/1	774,459	6.4%	24.9%	702,043	13.6%	29.7%	742,005	5.2%	18.4%	725,322	3.5%	15.0%	724,960	4.6%	13.4%	730,134	5.0%	14.4%	771,587	6.5%	16.5%
1/2	886,503	8.8%	31.9%	804,351	15.5%	40.9%	863,690	9.9%	24.8%	851,039	5.7%	17.8%	874,324	6.8%	16.7%	872,127	6.8%	18.3%	919,793	10.7%	21.4%
2/2	944,952	13.4%	43.8%	859,847	20.7%	47.1%	933,316	14.0%	29.4%	918,070	8.3%	22.7%	936,688	9.9%	21.8%	947,640	9.7%	24.3%	1,003,757	14.9%	28.2%
3/2	974,752	21.3%	54.5%	888,359	25.1%	50.3%	967,660	18.6%	34.1%	945,706	11.6%	26.4%	968,990	13.2%	26.6%	980,828	14.5%	29.9%	1,048,420	21.6%	36.1%
4/2	998,910	26.0%	57.4%	914,617	32.2%	56.9%	990,013	21.9%	35.8%	962,047	14.7%	28.4%	990,721	16.3%	29.8%	999,752	18.6%	33.4%	1,083,519	29.9%	46.1%
1/3	1,007,963	31.3%	60.7%	922,380	36.0%	59.3%	1,001,306	24.7%	38.1%	967,295	17.5%	30.1%	999,380	19.2%	32.5%	1,013,820	23.2%	37.2%	1,098,760	36.6%	52.3%
2/3	1,014,452	35.1%	62.7%	930,447	39.9%	59.3%	1,006,542	27.7%	39.4%	970,932	21.2%	32.3%	1,004,883	21.9%	34.0%	1,018,702	26.2%	39.7%	1,107,410	39.5%	55.5%
3/3	1,017,225	38.5%	64.7%	934,900	43.5%	62.0%	1,011,103	30.4%	40.6%	973,140	23.5%	32.9%	1,002,438	23.9%	35.3%	1,022,626	28.7%	42.0%	1,108,197	43.2%	58.9%
4/3	1,019,267	43.0%	66.7%	938,311	46.2%	62.5%	1,012,506	32.5%	41.5%	973,509	25.3%	33.6%	1,000,019	25.5%	38.1%	1,022,120	31.6%	43.5%	1,112,577	46.8%	60.7%
1/4	1,021,984	46.7%	68.4%	942,683	48.8%	63.7%	1,013,771	33.8%	42.3%	973,440	27.0%	33.8%	1,000,712	27.8%	38.9%	1,024,258	33.2%	44.6%	1,116,241	48.7%	61.9%
2/4	1,023,774	50.4%	68.9%	944,168	51.3%	64.4%	1,014,916	35.8%	43.6%	973,360	28.3%	34.2%	1,001,262	29.1%	39.2%	1,025,366	34.8%	46.3%	1,116,735	50.7%	64.0%
3/4	1,025,951	52.4%	69.1%	944,867	54.0%	65.5%	1,016,153	36.6%	43.5%	972,823	29.2%	34.8%	999,763	31.1%	40.8%	1,026,493	37.0%	46.9%	1,117,273	53.2%	65.7%
4/4	1,027,154	54.7%	68.5%	945,655	55.3%	65.2%	1,017,142	37.8%	44.1%	973,456	30.1%	34.4%	998,030	33.6%	41.0%	1,025,369	39.7%	48.1%	1,118,643	55.5%	67.0%
1/5	1,027,401	56.1%	68.4%	947,093	56.7%	65.6%	1,017,775	38.7%	44.3%	973,568	31.1%	34.7%	1,000,413	34.1%	41.2%	1,026,505	41.0%	48.2%	1,119,841	58.0%	67.6%
2/5	1,027,855	57.4%	68.6%	948,585	58.1%	66.4%	1,019,972	39.3%	44.3%	973,854	31.3%	34.9%	1,000,538	35.0%	41.2%	1,026,994	41.8%	48.9%	1,118,151	60.4%	68.6%
3/5	1,028,452	58.4%	69.0%	949,186	58.7%	66.4%	1,020,578	39.6%	45.0%	974,220	31.6%	35.2%	1,000,537	35.5%	41.2%	1,027,168	42.4%	49.1%	1,118,487	61.6%	69.0%
4/5	1,030,141	59.3%	68.5%	950,626	59.8%	67.0%	1,021,423	40.1%	45.4%	974,517	31.5%	35.0%	999,339	36.0%	42.8%	1,027,945	43.3%	49.4%	1,119,064	62.3%	69.3%
1/6	1,031,239	60.3%	68.4%	950,997	60.8%	66.9%	1,022,770	40.8%	45.5%	974,349	31.7%	35.1%	1,001,352	37.4%	42.9%	1,028,568	44.2%	51.5%	1,119,810	63.1%	69.7%
2/6	1,031,439	60.9%	68.5%	951,367	61.4%	67.1%	1,022,957	41.0%	45.5%	974,587	32.0%	35.1%	1,001,516	38.1%	43.6%	1,029,992	46.0%	52.2%	1,120,249	63.8%	69.9%
3/6	1,032,923	62.1%	68.9%	951,578	61.7%	67.3%	1,023,502	41.3%	46.3%	974,400	32.0%	35.1%	1,001,551	39.2%	43.7%	1,030,482	46.4%	52.2%	1,120,186	64.3%	70.0%
4/6	1,033,031	62.5%	69.5%	951,820	62.9%	67.5%	1,023,461	41.5%	46.3%	974,308	32.3%	34.8%	1,000,592	39.7%	44.0%	1,030,811	46.9%	52.5%	1,120,155	65.3%	70.4%
1/7	1,033,199	64.7%	70.2%	952,313	63.2%	67.4%	1,023,561	42.0%	46.2%	976,530	32.6%	35.0%	1,001,506	40.1%	44.1%	1,031,130	47.1%	52.5%	1,120,233	65.9%	70.4%
2/7	1,033,548	65.2%	70.3%	952,480	63.9%	67.7%	1,023,527	42.3%	47.4%	976,991	32.6%	35.0%	1,001,512	40.8%	44.0%	1,031,299	47.5%	52.7%	1,120,578	66.5%	70.7%
3/7	1,033,607	65.6%	70.2%	952,726	64.5%	67.8%	1,023,761	42.5%	47.2%	977,272	33.0%	35.1%	1,001,973	41.0%	44.0%	1,031,473	47.6%	52.8%	1,120,840	66.8%	70.9%
4/7	1,033,795	66.0%	70.0%	953,119	64.7%	67.6%	1,023,563	42.9%	47.2%	976,895	33.1%	35.0%	1,001,779	41.1%	44.1%	1,031,568	48.0%	52.8%	1,121,124	67.3%	71.8%
1/8	1,033,856	66.0%	69.9%	953,729	64.8%	67.5%	1,024,167	43.4%	47.3%	976,229	33.2%	35.0%	1,002,217	41.3%	44.1%	1,031,716	48.2%	53.0%	1,121,318	67.9%	72.0%
2/8	1,033,951	66.0%	69.6%	954,029	64.9%	67.5%	1,024,876	43.5%	47.3%	976,417	33.3%	35.0%	1,002,748	41.4%	44.2%	1,031,767	48.4%	52.9%	1,122,272	68.2%	72.3%
3/8	1,034,152	66.2%	69.6%	954,799	64.9%	67.4%	1,024,881	43.8%	47.4%	976,299	33.4%	35.2%	1,002,881	41.5%	44.2%	1,031,765	49.6%	52.9%	1,122,491	68.6%	72.6%
4/8	1,034,276	66.3%	69.4%	955,212	65.1%	67.4%	1,024,963	44.0%	47.1%	976,151	33.5%	35.3%	1,002,928	41.8%	44.2%	1,031,701	49.7%	53.0%	1,123,737	69.2%	72.3%
1/9	1,034,277	66.7%	69.9%	955,726	65.2%	67.4%	1,025,050	44.1%	47.1%	976,364	33.6%	35.2%	1,003,390	41.9%	44.2%	1,031,803	49.9%	53.0%	1,123,103	69.6%	72.6%
2/9	1,034,285	66.6%	69.9%	955,927	65.0%	67.1%	1,025,310	44.2%	47.1%	976,441	33.7%	35.0%	1,003,314	42.1%	44.2%	1,032,088	50.1%	53.1%
3/9	1,034,434	66.7%	70.0%	956,267	65.2%	67.0%	1,025,234	44.5%	46.5%	976,517	33.8%	35.0%	1,003,244	42.3%	44.1%	1,032,164	50.2%	53.1%
4/9	1,034,466	66.9%	70.2%	956,457	65.3%	66.6%	1,025,123	44.6%	47.0%	976,528	34.0%	34.9%	1,003,263	42.7%	44.2%	1,032,229	50.5%	53.3%
1/10	1,034,447	67.4%	70.1%	955,779	65.4%	66.3%	1,025,024	44.6%	47.0%	976,601	34.0%	34.9%	1,003,335	42.8%	44.2%	1,032,251	50.6%	53.3%
2/10	1,034,495	67.4%	70.5%	955,959	65.5%	66.3%	1,025,158	44.7%	47.4%	976,608	34.1%	34.9%	1,003,501	42.8%	44.1%
3/10	1,034,492	67.6%	71.0%	955,990	65.5%	66.6%	1,025,211	44.9%	47.6%	976,698	34.1%	34.9%	1,003,507	42.9%	44.2%
4/10	1,034,562	68.7%	70.8%	955,999	65.5%	66.6%	1,025,298	45.0%	47.0%	976,740	34.1%	34.9%	1,003,347	43.1%	44.3%
1/11	1,034,124	68.7%	70.7%	956,006	65.8%	66.6%	1,025,546	45.0%	47.0%	976,707	34.1%	34.9%	1,003,373	43.2%	44.3%
2/11	1,034,313	68.8%	70.6%	956,060	65.8%	66.6%	1,025,813	45.0%	47.0%	976,809	34.1%	34.9%
3/11	1,034,323	68.8%	70.9%	956,113	65.9%	66.6%	1,025,845	45.0%	47.0%	976,823	34.1%	35.0%
4/11	1,034,318	69.1%	71.0%	956,138	65.9%	66.6%	1,025,856	45.0%	47.0%	976,975	34.2%	35.0%
1/12	1,034,165	69.8%	71.3%	956,394	65.8%	66.5%	1,025,886	45.0%	47.1%	977,081	34.2%	35.0%
2/12	1,034,190	70.0%	71.4%	956,419	65.8%	66.4%	1,025,925	45.3%	47.0%
3/12	1,034,193	69.9%	71.3%	956,422	65.8%	66.4%	1,025,829	45.5%	47.0%
4/12	1,034,208	69.9%	71.1%	956,423	65.8%	66.4%	1,026,047	45.6%	47.1%
1/13	1,034,210	70.0%	71.2%	956,378	66.0%	66.6%	1,026,095	45.7%	47.1%
2/13	1,034,167	70.0%	71.1%	956,381	66.0%	66.6%
3/13	1,034,186	70.1%	71.1%	956,379	66.0%	66.6%
4/13	1,034,186	70.1%	71.2%	956,391	66.0%	66.6%
1/14	1,034,180	70.1%	71.2%	956,391	66.0%	66.6%
2/14	1,034,179	70.2%	71.2%
3/14	1,034,186	70.2%	71.3%
4/14	1,034,186	70.2%	71.3%
1/15	1,034,233	70.2%	71.3%
2/15
3/15
4/15

Syndicate 33 Gross Underwriting Progression Statistics - Converted US Dollars in 000's - Published 31st March 2024

	2017 Year of Account	2018 Year of Account	2019 Year of Account	2020 Year of Account	2021 Year of Account	2022 Year of Account	2023 Year of Account	2024 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	Premiums	Claims	Claims
		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred
1/1	117,319	2.1%	5.9%	157,703	0.8%	1.4%	121,288	0.8%	1.0%	110,420	1.4%	1.7%	95,153	1.1%	1.4%	65,819	0.6%	4.1%	77,227	1.2%	1.4%	119,393	0.2%	0.2%
2/1	290,450	2.9%	6.6%	379,059	1.4%	4.4%	379,433	1.5%	2.9%	360,499	11.4%	23.8%	367,888	0.8%	2.4%	351,304	1.8%	4.0%	386,837	1.5%	3.8%
3/1	556,824	10.1%	24.9%	689,985	3.1%	6.8%	748,463	2.9%	7.5%	734,523	16.4%	21.3%	722,070	4.2%	9.0%	752,571	6.0%	9.5%	868,523	4.0%	7.7%
4/1	736,985	23.3%	51.3%	919,104	10.7%	32.0%	1,024,457	5.9%	14.1%	1,039,987	18.3%	28.6%	1,041,829	9.4%	21.3%	1,102,181	9.4%	19.0%	1,247,074	6.2%	12.9%
1/2	902,400	27.1%	55.9%	1,136,480	21.5%	43.9%	1,267,598	9.9%	27.5%	1,302,676	20.4%	33.0%	1,283,115	11.6%	23.6%	1,394,540	12.1%	21.9%	1,548,603	8.0%	14.3%
2/2	999,181	32.7%	57.9%	1,250,258	28.7%	55.5%	1,392,661	14.9%	34.5%	1,422,413	24.2%	38.3%	1,394,453	14.1%	27.7%	1,522,025	14.9%	25.2%
3/2	1,046,853	40.5%	65.1%	1,317,828	35.8%	64.0%	1,452,546	22.6%	41.3%	1,480,691	29.9%	44.1%	1,461,128	18.5%	34.3%	1,586,979	18.2%	30.4%
4/2	1,081,422	48.1%	73.1%	1,370,120	43.6%	73.1%	1,495,778	30.3%	55.1%	1,519,052	36.9%	51.5%	1,500,233	24.7%	39.7%	1,634,766	21.6%	33.1%
1/3	1,102,368	53.6%	79.8%	1,401,182	48.7%	75.0%	1,523,653	36.2%	60.9%	1,543,314	40.1%	53.9%	1,520,298	28.0%	41.9%	1,658,735	23.2%	34.2%
2/3	1,116,113	57.7%	82.5%	1,421,599	53.6%	77.7%	1,532,626	40.6%	63.2%	1,557,731	42.3%	55.5%	1,531,556	30.7%	44.0%
3/3	1,123,848	62.8%	87.9%	1,430,146	57.4%	79.6%	1,544,924	44.5%	65.8%	1,566,119	44.2%	56.9%	1,539,371	33.9%	46.6%
4/3	1,130,910	67.9%	92.1%	1,434,578	60.3%	82.4%	1,550,259	48.1%	70.1%	1,572,744	46.4%	58.5%	1,547,644	36.2%	46.9%
1/4	1,132,041	71.4%	94.7%	1,438,655	64.6%	83.8%	1,553,083	52.2%	69.5%	1,578,965	48.8%	60.1%	1,551,935	38.0%	48.4%
2/4	1,136,271	75.4%	95.5%	1,440,510	68.9%	84.8%	1,556,012	54.3%	70.9%	1,582,800	52.1%	62.7%
3/4	1,139,685	78.0%	97.1%	1,442,698	70.8%	85.2%	1,556,478	56.1%	73.3%	1,584,873	53.5%	63.2%
4/4	1,140,435	83.4%	98.1%	1,442,498	71.7%	86.1%	1,555,906	59.4%	74.0%	1,585,418	55.3%	64.1%
1/5	1,142,706	85.2%	98.7%	1,444,036	72.9%	86.5%	1,555,442	61.7%	74.1%	1,586,215	57.1%	65.5%
2/5	1,143,620	86.6%	99.9%	1,445,198	73.9%	87.4%	1,556,598	63.5%	74.7%
3/5	1,144,129	88.0%	100.7%	1,446,561	76.2%	87.9%	1,558,297	65.5%	75.5%
4/5	1,145,528	89.6%	101.4%	1,446,338	77.4%	88.8%	1,558,800	67.0%	75.8%
1/6	1,146,427	91.1%	101.9%	1,448,166	79.5%	89.5%	1,559,009	68.0%	76.5%
2/6	1,147,094	92.2%	102.2%	1,448,970	80.0%	89.9%
3/6	1,147,740	93.8%	102.8%	1,449,408	81.1%	89.9%
4/6	1,148,095	95.1%	103.7%	1,449,079	82.2%	90.1%
1/7	1,149,582	96.0%	104.0%	1,450,065	84.0%	93.1%
2/7	1,149,813	97.3%	104.6%
3/7	1,150,329	98.3%	105.2%
4/7	1,150,562	98.8%	106.1%
1/8	1,150,650	100.0%	106.8%
2/8
3/8
4/8
1/9
2/9
3/9
4/9
1/10
2/10
3/10
4/10
1/11
2/11
3/11
4/11
1/12				Notes
2/12				1) The information is provided at each quarter end up to 31st March 2024
3/12				2) All Gross premium figures are cumulative converted US dollars in 000's. This conversion is at 31st March rates of exchange - $1 = £ 0.7914 = Can$ 1.3542 = Euros 0.9266
4/12				3) Gross premiums are cumulative net of all brokerage and commissions.
1/13				4) Gross claims paid are cumulative and are shown as a % of the Gross premiums.
2/13				5) Gross claims incurred comprise Gross claims paid plus Gross claims notified but not paid and are shown as a % of the Gross premiums.
3/13				6) Gross claims incurred exclude any provision for claims incurred but not reported.
4/13

1/14

2/14

3/14

4/14

1/15

2/15

3/15

4/15

Syndicate 33 Net Underwriting Progression Statistics - Converted US Dollars in 000's - Published 31st March 2024

	2010 Year of Account	2011 Year of Account	2012 Year of Account	2013 Year of Account	2014 Year of Account	2015 Year of Account	2016 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	123,334	0.4%	1.9%	119,917	0.8%	2.9%	97,377	0.3%	4.6%	43,652	0.3%	1.1%	57,636	(0.1%)	2.5%	73,506	0.8%	2.8%	90,297	1.2%	2.2%
2/1	290,035	2.9%	15.9%	303,804	2.5%	14.2%	268,034	2.3%	6.8%	204,399	0.6%	5.3%	199,559	0.5%	5.8%	243,164	0.9%	11.0%	236,732	1.6%	4.7%
3/1	462,263	5.1%	21.7%	418,318	8.8%	22.3%	409,235	2.5%	9.0%	352,670	2.1%	9.9%	377,300	2.0%	8.5%	393,431	3.6%	10.9%	398,131	3.6%	9.2%
4/1	557,170	8.2%	32.1%	489,980	14.9%	32.4%	540,854	5.9%	17.7%	514,281	4.0%	17.4%	503,446	5.1%	14.0%	477,816	5.5%	17.3%	496,614	7.4%	16.4%
1/2	571,801	12.1%	38.3%	533,859	13.4%	49.3%	603,578	9.7%	26.6%	568,528	7.2%	22.1%	577,389	7.0%	19.4%	554,072	8.1%	22.7%	532,855	12.7%	24.4%
2/2	672,917	16.5%	53.6%	562,641	21.4%	57.8%	673,019	14.5%	30.6%	653,869	9.7%	26.2%	632,663	11.5%	25.9%	653,212	10.7%	27.6%	610,028	17.0%	31.0%
3/2	668,889	25.9%	58.1%	598,754	28.4%	53.5%	694,498	19.7%	33.7%	673,800	13.5%	30.8%	668,981	13.8%	29.7%	677,200	15.9%	33.5%	652,415	27.1%	42.6%
4/2	694,286	31.2%	60.2%	627,626	36.4%	57.0%	709,692	21.7%	34.7%	686,291	17.1%	33.0%	697,839	16.3%	32.5%	707,683	19.7%	36.1%	699,604	31.9%	47.9%
1/3	708,453	36.4%	62.4%	631,266	37.8%	60.7%	718,956	24.0%	37.1%	695,185	20.1%	34.7%	703,995	18.9%	35.4%	721,224	24.8%	40.4%	704,031	38.7%	53.5%
2/3	720,835	40.1%	63.5%	638,846	41.6%	60.2%	725,358	26.7%	38.5%	691,915	24.9%	37.8%	707,138	21.9%	37.3%	719,892	28.1%	43.8%	721,319	39.7%	55.5%
3/3	714,913	44.5%	67.3%	641,151	45.3%	60.3%	730,178	29.0%	39.5%	694,961	27.4%	38.6%	707,115	24.0%	38.6%	722,658	30.6%	46.1%	722,106	45.5%	60.6%
4/3	721,684	48.2%	67.8%	638,070	46.9%	61.3%	729,762	31.0%	40.5%	696,370	29.5%	39.2%	705,936	26.1%	41.5%	718,173	34.2%	48.1%	726,486	51.0%	63.5%
1/4	722,542	51.3%	69.4%	641,890	47.6%	62.8%	732,113	32.3%	41.3%	695,800	31.5%	39.4%	706,798	29.1%	42.4%	716,030	36.0%	49.6%	721,191	49.2%	62.5%
2/4	684,708	53.2%	68.1%	609,814	48.6%	62.9%	693,556	33.8%	42.5%	647,806	34.4%	42.0%	665,103	31.1%	44.0%	720,902	37.5%	51.1%	692,076	52.1%	66.1%
3/4	686,222	55.4%	69.7%	611,232	50.6%	64.3%	694,587	34.5%	42.3%	648,273	35.1%	42.5%	665,240	33.9%	46.0%	721,982	39.9%	51.7%	696,907	54.1%	67.3%
4/4	686,608	57.3%	68.9%	611,880	52.3%	64.2%	693,493	35.3%	42.7%	648,544	36.6%	42.6%	663,324	36.4%	46.4%	691,915	44.3%	55.0%	693,892	57.6%	69.6%
1/5	687,397	57.2%	68.5%	613,780	54.1%	64.8%	684,258	36.9%	43.5%	648,681	37.9%	42.9%	665,756	37.1%	46.7%	693,160	45.9%	55.2%	694,550	60.5%	70.1%
2/5	688,342	57.9%	68.5%	614,746	55.9%	66.3%	698,168	36.8%	42.6%	648,956	38.2%	43.2%	666,526	38.4%	46.8%	693,812	47.0%	56.3%	693,762	63.2%	71.9%
3/5	689,279	59.0%	68.9%	615,354	56.8%	66.3%	699,163	37.1%	43.4%	649,357	38.5%	43.5%	666,629	39.1%	46.8%	693,951	47.7%	56.4%	694,537	62.7%	70.8%
4/5	691,221	59.9%	68.0%	616,673	58.1%	67.8%	699,703	37.8%	43.9%	649,468	38.3%	43.2%	667,036	39.7%	48.9%	692,299	49.2%	57.1%	695,289	63.9%	71.3%
1/6	692,287	60.6%	68.0%	616,548	59.4%	67.5%	700,724	38.7%	44.2%	648,385	38.7%	43.3%	667,648	41.9%	49.3%	692,378	50.4%	59.9%	695,819	64.9%	71.8%
2/6	692,083	61.4%	68.3%	617,475	60.5%	67.9%	700,854	38.8%	44.1%	648,619	39.0%	43.3%	666,957	43.0%	50.2%	693,540	52.9%	60.8%	692,544	65.7%	72.4%
3/6	693,611	61.5%	68.9%	616,646	60.8%	68.2%	701,376	39.1%	45.0%	648,366	39.0%	43.3%	667,635	44.1%	50.3%	688,639	53.6%	61.2%	695,547	65.7%	72.1%
4/6	693,746	62.1%	69.6%	616,795	62.4%	68.4%	701,231	39.3%	45.0%	647,998	39.5%	42.9%	666,006	44.9%	50.9%	693,824	54.0%	61.1%	695,723	66.7%	72.7%
1/7	693,443	65.3%	70.4%	617,163	62.7%	68.4%	700,565	40.1%	45.0%	649,926	39.8%	43.2%	666,181	45.5%	51.0%	694,288	54.3%	61.1%	695,575	67.4%	72.4%
2/7	695,537	65.4%	70.5%	617,322	63.7%	68.6%	700,880	40.4%	46.7%	649,664	39.9%	43.2%	666,296	46.5%	50.9%	691,245	55.1%	61.5%	693,286	67.6%	71.8%
3/7	697,900	65.2%	70.0%	617,585	64.3%	68.9%	701,137	40.5%	46.4%	649,935	40.4%	43.4%	666,838	46.7%	50.9%	694,765	55.0%	61.5%	686,052	68.6%	72.7%
4/7	698,076	65.7%	69.8%	617,900	64.6%	68.5%	701,397	41.4%	46.8%	648,547	40.6%	43.3%	666,842	46.9%	51.1%	695,231	55.3%	61.2%	691,067	68.1%	71.1%
1/8	698,077	65.7%	69.6%	619,329	64.5%	68.4%	701,960	41.8%	47.0%	647,871	40.8%	43.4%	667,226	47.1%	51.1%	695,156	55.6%	61.5%	692,047	68.3%	70.2%
2/8	698,110	65.7%	69.2%	619,546	64.7%	68.3%	702,047	42.0%	47.0%	648,299	40.9%	43.4%	663,830	47.5%	51.6%	693,792	55.6%	60.6%	692,091	68.6%	70.5%
3/8	698,319	65.8%	69.2%	620,174	64.7%	68.2%	702,006	42.5%	47.2%	648,194	41.0%	43.6%	668,119	47.4%	51.4%	689,448	57.8%	60.7%	692,074	68.3%	70.4%
4/8	698,312	66.0%	69.0%	621,268	65.2%	68.3%	702,062	42.6%	46.8%	648,220	41.1%	43.7%	668,147	47.8%	51.4%	691,566	56.9%	58.1%	693,481	68.9%	69.9%
1/9	696,044	66.6%	69.9%	621,520	65.3%	68.3%	701,920	42.8%	46.9%	648,402	41.3%	43.5%	668,422	48.0%	51.4%	691,611	55.9%	58.0%	692,784	68.8%	70.4%
2/9	696,071	66.7%	69.9%	620,759	65.2%	68.2%	702,281	42.9%	46.9%	648,527	41.4%	43.3%	666,780	48.3%	50.4%	691,911	55.9%	57.8%
3/9	696,216	66.9%	70.2%	621,140	65.5%	68.1%	702,448	43.3%	45.9%	648,602	41.5%	43.2%	664,853	48.7%	50.4%	691,746	55.7%	57.8%
4/9	694,800	67.3%	70.7%	620,895	65.6%	67.5%	702,238	43.4%	46.7%	648,361	41.8%	43.1%	665,890	48.7%	49.6%	691,777	55.8%	57.9%
1/10	694,765	68.1%	70.6%	620,288	65.9%	67.1%	700,197	43.6%	46.9%	648,411	41.8%	43.1%	665,645	48.6%	49.3%	691,836	55.7%	57.5%
2/10	693,598	68.3%	71.3%	620,825	65.9%	67.1%	702,417	43.6%	47.3%	648,272	41.9%	43.0%	665,768	48.5%	49.0%
3/10	693,477	68.5%	71.9%	620,700	65.9%	67.5%	702,542	43.9%	47.6%	648,124	41.9%	43.0%	665,732	48.6%	49.3%
4/10	693,054	69.1%	71.9%	620,625	65.9%	67.5%	702,532	44.0%	46.8%	648,298	41.9%	42.8%	665,676	48.7%	49.3%
1/11	692,629	69.1%	71.7%	620,679	66.4%	67.5%	702,744	44.0%	46.7%	648,256	41.9%	42.7%	665,696	48.7%	49.1%
2/11	693,227	69.2%	71.6%	620,897	66.4%	67.5%	703,033	44.0%	46.7%	648,353	41.9%	42.8%
3/11	693,164	69.0%	72.0%	620,802	66.4%	67.5%	702,702	44.1%	46.8%	648,366	41.9%	42.8%
4/11	693,184	69.5%	72.1%	620,629	66.6%	67.5%	702,853	44.0%	46.6%	648,412	41.9%	42.7%
1/12	693,006	69.4%	70.9%	620,822	66.4%	67.3%	702,910	44.1%	46.8%	648,492	42.0%	42.8%
2/12	691,320	70.8%	72.3%	620,857	66.4%	67.3%	702,951	44.4%	46.7%
3/12	691,299	70.6%	72.0%	620,573	66.5%	67.4%	702,854	44.8%	46.7%
4/12	691,433	70.6%	71.9%	620,722	66.4%	67.2%	703,089	44.9%	46.8%
1/13	691,432	70.7%	71.9%	620,605	66.8%	67.4%	703,122	45.0%	46.7%
2/13	691,152	70.7%	71.7%	620,731	66.7%	67.3%
3/13	690,158	70.8%	71.9%	620,735	66.6%	67.3%
4/13	690,319	70.8%	71.4%	620,725	66.6%	67.3%
1/14	690,253	70.8%	71.4%	620,740	66.6%	67.3%
2/14	690,247	70.9%	71.4%
3/14	690,203	70.9%	71.4%
4/14	690,367	70.9%	71.5%
1/15	690,150	70.8%	71.4%
2/15

3/15

4/15

Syndicate 33 Net Underwriting Progression Statistics - Converted US Dollars in 000's - Published 31st March 2024

	2017 Year of Account	2018 Year of Account	2019 Year of Account	2020 Year of Account	2021 Year of Account	2022 Year of Account	2023 Year of Account	2024 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	Premiums	Claims	Claims
		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred		Paid	Incurred
1/1	80,813	2.9%	8.5%	102,697	1.2%	1.9%	43,023	2.1%	2.7%	21,620	7.0%	8.1%	6,308	12.9%	16.7%	4,363	7.0%	58.7%	5,120	15.2%	17.1%	39,909	0.5%	0.7%
2/1	189,479	3.9%	8.7%	236,453	1.6%	5.6%	232,370	1.7%	3.2%	200,788	12.4%	15.6%	178,537	1.2%	3.4%	171,274	3.1%	6.5%	180,288	2.5%	6.5%
3/1	329,679	14.9%	37.4%	420,172	3.8%	8.1%	454,937	3.5%	8.5%	416,715	4.6%	11.7%	420,552	6.0%	9.3%	395,534	3.0%	7.9%	500,122	6.1%	8.4%
4/1	442,028	25.4%	38.3%	536,284	13.3%	32.6%	584,156	6.9%	16.8%	558,086	12.6%	22.7%	585,618	9.6%	20.2%	616,759	7.5%	15.9%	743,179	6.3%	13.1%
1/2	453,786	24.4%	45.2%	610,944	27.7%	48.9%	666,544	11.6%	28.3%	622,521	17.2%	30.6%	678,360	12.2%	23.5%	765,796	11.2%	20.6%	899,734	8.3%	15.5%
2/2	539,055	26.1%	39.2%	648,508	26.6%	48.4%	787,671	16.3%	34.0%	742,863	19.5%	35.3%	763,540	13.8%	26.3%	856,297	13.8%	23.9%
3/2	562,119	32.2%	46.2%	704,830	31.9%	53.1%	780,648	24.7%	42.3%	784,144	26.8%	38.8%	819,566	18.5%	31.2%	906,137	17.1%	28.7%
4/2	600,197	38.5%	50.8%	740,056	39.4%	60.5%	819,058	32.1%	50.1%	815,915	29.7%	41.9%	853,056	24.5%	36.3%	953,775	20.8%	32.0%
1/3	609,838	41.5%	56.4%	732,833	43.9%	65.6%	822,635	38.5%	54.7%	829,053	32.8%	45.4%	862,136	25.8%	38.6%	962,844	21.3%	32.7%
2/3	615,681	43.4%	57.5%	772,137	50.2%	66.5%	839,111	40.5%	56.2%	845,272	34.4%	46.4%	873,632	28.2%	39.9%
3/3	620,334	46.8%	60.2%	767,188	49.4%	65.9%	859,173	42.5%	58.2%	847,581	36.0%	47.5%	880,111	31.0%	42.1%
4/3	624,491	51.2%	67.1%	765,882	56.0%	70.7%	864,596	45.3%	61.5%	853,912	37.0%	48.6%	883,764	33.6%	42.9%
1/4	611,506	53.5%	68.9%	778,296	59.5%	71.1%	865,685	48.4%	62.3%	860,877	40.2%	51.2%	884,662	34.7%	44.1%
2/4	628,597	59.4%	70.8%	744,856	55.4%	64.8%	862,495	48.6%	61.5%	858,166	43.6%	52.9%
3/4	584,636	50.1%	64.9%	746,830	56.3%	66.6%	817,220	45.5%	59.2%	861,947	43.6%	53.8%
4/4	587,916	55.9%	66.4%	749,881	56.0%	66.4%	817,217	50.2%	58.8%	862,770	46.2%	55.5%
1/5	589,251	57.3%	67.0%	749,441	57.8%	67.7%	816,083	49.7%	59.8%	862,357	46.8%	56.1%
2/5	587,285	58.8%	69.2%	743,005	58.2%	68.6%	816,867	51.5%	60.4%
3/5	590,601	59.4%	69.3%	735,488	63.4%	70.9%	817,958	52.3%	61.0%
4/5	590,366	61.1%	70.1%	740,802	61.1%	66.9%	810,303	53.1%	60.2%
1/6	588,748	62.8%	71.0%	742,308	62.3%	68.4%	809,423	53.1%	60.3%
2/6	590,367	62.8%	69.9%	743,343	61.3%	67.1%
3/6	581,028	64.8%	71.5%	743,449	62.1%	66.9%
4/6	586,740	63.2%	66.9%	742,498	62.9%	66.8%
1/7	587,693	63.4%	66.2%	744,184	64.8%	68.7%
2/7	587,594	64.4%	66.8%
3/7	587,686	64.4%	67.0%
4/7	587,235	64.4%	67.9%
1/8	586,933	65.7%	67.5%
2/8
3/8
4/8
1/9
2/9
3/9
4/9
1/10
2/10
3/10
4/10
1/11
2/11
3/11
4/11
1/12				Notes
2/12				1) The information is provided at each quarter end up to 31st March 2024
3/12				2) All Net premium figures are cumulative converted US dollars in 000's. This conversion is at 31st March rates of exchange - $1 = £ 0.7914 = Can$ 1.3542 = Euros 0.9266
4/12				3) Net premiums are cumulative net of all brokerage, commissions and reinsurance.
1/13				4) Net claims paid are cumulative and are shown as a % of the Net premiums.
2/13				5) Net claims incurred comprise Net claims paid plus Net claims notified but not paid and are shown as a % of the Net premiums.
3/13				6) Net claims incurred exclude any provision for claims incurred but not reported.
4/13

1/14

2/14

3/14

4/14

1/15

2/15

3/15

4/15