Hiscox : Syndicate 33 underwriting progression statistics June 2023

Syndicate 33 Gross Underwriting Progression Statistics - Converted US Dollars in 000's - Published 30th June 2023

	2009 Year of Account	2010 Year of Account	2011 Year of Account	2012 Year of Account	2013 Year of Account	2014 Year of Account	2015 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	208,123	0.1%	1.6%	193,934	0.3%	1.2%	157,614	0.2%	1.7%	159,628	0.2%	2.8%	140,000	0.1%	0.3%	123,441	0.2%	1.2%	132,599	0.6%	1.8%
2/1	437,053	0.9%	6.2%	401,076	2.2%	13.6%	349,666	2.2%	12.4%	364,726	1.7%	5.0%	347,796	0.4%	3.2%	319,169	0.4%	4.2%	336,275	0.8%	8.5%
3/1	735,316	1.6%	8.6%	636,959	4.0%	18.6%	570,231	7.7%	22.9%	595,744	1.9%	7.4%	557,435	1.5%	7.8%	567,733	1.8%	7.0%	563,204	3.6%	9.8%
4/1	895,014	4.7%	13.4%	776,038	6.4%	24.9%	703,453	13.6%	29.7%	743,453	5.2%	18.4%	726,720	3.5%	15.0%	726,462	4.6%	13.4%	731,564	5.0%	14.4%
1/2	1,032,679	7.1%	18.0%	888,375	8.8%	31.9%	806,010	15.4%	41.0%	865,395	9.9%	24.8%	852,667	5.7%	17.8%	876,092	6.7%	16.7%	873,859	6.8%	18.3%
2/2	1,092,236	11.1%	23.6%	946,972	13.4%	43.8%	861,650	20.7%	47.2%	935,174	14.1%	29.4%	919,834	8.3%	22.7%	938,575	9.9%	21.8%	949,575	9.7%	24.4%
3/2	1,118,106	14.2%	29.5%	976,882	21.3%	54.5%	890,246	25.1%	50.3%	969,597	18.6%	34.2%	947,536	11.6%	26.4%	970,925	13.2%	26.6%	982,860	14.5%	29.9%
4/2	1,135,069	18.1%	31.9%	1,001,101	26.0%	57.4%	916,573	32.1%	56.9%	992,008	21.9%	35.8%	963,901	14.7%	28.4%	992,698	16.3%	29.8%	1,001,803	18.6%	33.5%
1/3	1,142,011	21.1%	33.6%	1,010,187	31.3%	60.7%	924,367	36.0%	59.3%	1,003,327	24.7%	38.1%	969,170	17.5%	30.1%	1,001,380	19.2%	32.5%	1,015,900	23.2%	37.3%
2/3	1,146,278	23.1%	34.7%	1,016,697	35.1%	62.8%	932,451	39.9%	59.3%	1,008,567	27.7%	39.5%	972,817	21.2%	32.3%	1,006,905	21.9%	34.0%	1,020,804	26.2%	39.7%
3/3	1,148,240	24.8%	36.0%	1,019,475	38.5%	64.7%	936,925	43.5%	62.0%	1,013,145	30.4%	40.6%	975,035	23.5%	33.0%	1,004,464	23.9%	35.3%	1,024,740	28.7%	42.0%
4/3	1,150,128	27.3%	37.3%	1,021,517	43.0%	66.8%	940,335	46.2%	62.5%	1,014,547	32.5%	41.5%	975,410	25.3%	33.6%	1,002,041	25.5%	38.1%	1,024,241	31.6%	43.5%
1/4	1,152,349	29.5%	37.9%	1,024,265	46.7%	68.5%	944,715	48.8%	63.7%	1,015,816	33.8%	42.3%	975,348	27.1%	33.8%	1,002,722	27.8%	38.9%	1,026,382	33.3%	44.6%
2/4	1,151,613	31.0%	38.8%	1,026,063	50.4%	68.9%	946,203	51.3%	64.5%	1,016,966	35.8%	43.6%	975,270	28.3%	34.3%	1,003,266	29.1%	39.2%	1,027,488	34.9%	46.3%
3/4	1,150,703	32.3%	39.2%	1,028,231	52.4%	69.1%	946,904	54.0%	65.5%	1,018,200	36.6%	43.5%	974,734	29.2%	34.8%	1,001,765	31.1%	40.8%	1,028,615	37.0%	46.9%
4/4	1,150,360	32.9%	39.4%	1,029,440	54.7%	68.6%	947,693	55.3%	65.2%	1,019,186	37.8%	44.2%	975,370	30.1%	34.4%	1,000,025	33.6%	41.0%	1,027,495	39.7%	48.1%
1/5	1,150,224	34.1%	39.5%	1,029,688	56.1%	68.4%	949,131	56.7%	65.6%	1,019,815	38.7%	44.3%	975,476	31.1%	34.7%	1,002,410	34.1%	41.2%	1,028,628	41.1%	48.3%
2/5	1,151,629	34.5%	40.0%	1,030,142	57.4%	68.7%	950,625	58.1%	66.4%	1,022,015	39.3%	44.3%	975,762	31.3%	34.9%	1,002,535	35.0%	41.2%	1,029,115	41.8%	48.9%
3/5	1,150,893	35.3%	40.4%	1,030,741	58.5%	69.1%	951,224	58.7%	66.4%	1,022,626	39.6%	45.0%	976,127	31.6%	35.2%	1,002,533	35.5%	41.2%	1,029,290	42.4%	49.2%
4/5	1,151,286	35.9%	40.7%	1,032,432	59.3%	68.5%	952,668	59.8%	67.0%	1,023,473	40.1%	45.4%	976,425	31.5%	35.0%	1,001,335	36.0%	42.8%	1,030,067	43.4%	49.5%
2/6	1,151,742	36.6%	41.0%	1,033,733	60.9%	68.5%	953,410	61.4%	67.1%	1,025,006	41.0%	45.5%	976,494	32.0%	35.1%	1,003,512	38.1%	43.6%	1,032,114	46.0%	52.2%
3/6	1,151,623	37.0%	41.0%	1,035,220	62.1%	69.0%	953,623	61.7%	67.3%	1,025,551	41.3%	46.3%	976,307	32.0%	35.1%	1,003,547	39.2%	43.7%	1,032,604	46.4%	52.2%
4/6	1,151,744	37.4%	41.1%	1,035,329	62.6%	69.6%	953,865	62.9%	67.5%	1,025,507	41.5%	46.3%	976,211	32.3%	34.8%	1,002,589	39.7%	44.0%	1,032,935	46.9%	52.5%
1/7	1,152,205	38.9%	42.0%	1,035,498	64.8%	70.2%	954,358	63.2%	67.4%	1,025,607	42.0%	46.2%	978,434	32.6%	35.0%	1,003,503	40.1%	44.1%	1,033,254	47.1%	52.5%
2/7	1,152,321	39.1%	42.6%	1,035,848	65.3%	70.3%	954,525	63.9%	67.7%	1,025,573	42.3%	47.4%	978,895	32.6%	35.0%	1,003,509	40.8%	44.0%	1,033,423	47.5%	52.7%
3/7	1,152,244	39.3%	42.7%	1,035,907	65.7%	70.3%	954,771	64.5%	67.8%	1,025,807	42.5%	47.2%	979,178	33.0%	35.1%	1,003,971	41.0%	44.0%	1,033,598	47.6%	52.8%
4/7	1,152,164	39.8%	42.6%	1,036,096	66.0%	70.1%	955,164	64.8%	67.6%	1,025,606	42.9%	47.2%	978,800	33.1%	35.0%	1,003,776	41.1%	44.1%	1,033,692	48.1%	52.8%
1/8	1,152,401	40.0%	42.3%	1,036,157	66.0%	69.9%	955,775	64.8%	67.5%	1,026,210	43.4%	47.3%	978,135	33.2%	35.1%	1,004,215	41.3%	44.1%	1,033,840	48.2%	53.0%
2/8	1,152,650	40.1%	42.4%	1,036,252	66.1%	69.6%	956,075	64.9%	67.5%	1,026,919	43.5%	47.3%	978,323	33.3%	35.1%	1,004,746	41.4%	44.2%	1,033,892	48.4%	53.0%
3/8	1,152,839	40.3%	42.4%	1,036,454	66.2%	69.6%	956,847	64.9%	67.4%	1,026,924	43.9%	47.4%	978,205	33.4%	35.3%	1,004,879	41.5%	44.2%	1,033,890	49.6%	52.9%
4/8	1,152,710	40.2%	42.5%	1,036,579	66.3%	69.5%	957,261	65.1%	67.4%	1,027,006	44.0%	47.2%	978,057	33.5%	35.3%	1,004,926	41.8%	44.2%	1,033,823	49.7%	53.0%
1/9	1,152,776	40.5%	42.6%	1,036,580	66.7%	70.0%	957,776	65.2%	67.4%	1,027,093	44.1%	47.1%	978,270	33.6%	35.2%	1,005,390	41.9%	44.2%	1,033,925	49.9%	53.1%
2/9	1,152,745	40.7%	42.6%	1,036,588	66.7%	69.9%	957,978	65.0%	67.1%	1,027,353	44.2%	47.1%	978,347	33.7%	35.0%	1,005,313	42.1%	44.2%	1,034,211	50.2%	53.1%
3/9	1,152,865	40.7%	42.7%	1,036,737	66.8%	70.1%	958,318	65.2%	67.0%	1,027,278	44.5%	46.5%	978,423	33.8%	35.0%	1,005,244	42.3%	44.1%
4/9	1,153,183	40.8%	42.8%	1,036,770	66.9%	70.3%	958,507	65.3%	66.6%	1,027,166	44.6%	47.0%	978,434	34.0%	34.9%	1,005,263	42.7%	44.2%
1/10	1,152,681	40.9%	42.7%	1,036,751	67.5%	70.2%	957,829	65.4%	66.3%	1,027,068	44.6%	47.0%	978,507	34.0%	34.9%	1,005,335	42.8%	44.2%
2/10	1,152,726	40.9%	42.7%	1,036,799	67.5%	70.5%	958,009	65.5%	66.4%	1,027,201	44.7%	47.4%	978,514	34.1%	34.9%	1,005,501	42.8%	44.1%
3/10	1,152,748	41.7%	43.1%	1,036,796	67.6%	71.1%	958,040	65.5%	66.7%	1,027,255	44.9%	47.6%	978,604	34.1%	34.9%
4/10	1,152,821	41.9%	42.9%	1,036,866	68.7%	70.9%	958,050	65.5%	66.6%	1,027,342	45.0%	47.0%	978,646	34.1%	34.9%
1/11	1,152,873	41.9%	43.0%	1,036,429	68.8%	70.8%	958,056	65.8%	66.6%	1,027,590	45.0%	47.0%	978,612	34.1%	34.9%
2/11	1,152,935	41.9%	43.0%	1,036,618	68.9%	70.7%	958,111	65.8%	66.6%	1,027,857	45.0%	47.0%	978,714	34.1%	35.0%
3/11	1,152,899	42.2%	43.2%	1,036,628	68.9%	71.0%	958,164	65.9%	66.6%	1,027,889	45.0%	47.0%
4/11	1,153,106	42.2%	43.3%	1,036,623	69.2%	71.0%	958,189	66.0%	66.6%	1,027,900	45.0%	47.0%
1/12	1,153,923	42.5%	43.5%	1,036,468	69.9%	71.4%	958,447	65.8%	66.5%	1,027,930	45.0%	47.2%
2/12	1,153,937	42.5%	43.4%	1,036,494	70.0%	71.5%	958,471	65.8%	66.5%	1,027,969	45.3%	47.0%
3/12	1,153,907	42.7%	43.7%	1,036,496	70.0%	71.3%	958,474	65.8%	66.5%
4/12	1,153,931	42.7%	43.7%	1,036,511	70.0%	71.2%	958,476	65.8%	66.5%
2/13	1,153,776	42.8%	43.5%	1,036,470	70.1%	71.1%	958,432	66.0%	66.6%
3/13	1,153,399	42.8%	43.5%	1,036,489	70.1%	71.2%
4/13	1,153,402	42.8%	43.6%	1,036,489	70.2%	71.3%
1/14	1,153,517	42.9%	43.7%	1,036,484	70.2%	71.3%
2/14	1,153,865	42.9%	43.7%	1,036,482	70.2%	71.3%
3/14	1,153,968	42.9%	43.7%
4/14	1,153,969	42.9%	43.7%
1/15	1,153,971	42.9%	43.8%
2/15	1,154,041	42.9%	43.8%
3/15
4/15

Syndicate 33 Gross Underwriting Progression Statistics - Converted US Dollars in 000's - Published 30th June 2023

	2016 Year of Account	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
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	133,466	0.8%	1.6%	117,642	2.1%	5.9%	158,061	0.8%	1.4%	121,525	0.8%	1.0%	110,628	1.4%	1.7%	95,316	1.1%	1.4%	65,899	0.6%	4.1%	77,510	1.2%	1.4%
2/1	339,768	1.5%	4.7%	291,147	2.9%	6.6%	379,873	1.4%	4.4%	380,200	1.5%	2.9%	361,220	11.4%	23.8%	368,598	0.8%	2.4%	352,010	1.8%	4.0%	387,431	1.5%	3.8%
3/1	598,877	3.2%	9.5%	557,991	10.1%	24.8%	691,327	3.1%	6.8%	749,947	2.9%	7.5%	735,925	16.4%	21.4%	723,399	4.2%	9.1%	754,019	6.0%	9.5%
4/1	773,119	6.5%	16.5%	738,524	23.3%	51.2%	920,965	10.7%	32.0%	1,026,608	6.0%	14.1%	1,042,105	18.3%	28.6%	1,043,871	9.4%	21.2%	1,104,318	9.3%	19.0%
1/2	921,647	10.7%	21.4%	904,250	27.0%	55.8%	1,138,862	21.5%	44.0%	1,270,347	9.9%	27.5%	1,305,575	20.4%	33.0%	1,285,750	11.6%	23.6%	1,397,508	12.0%	21.9%
2/2	1,005,845	14.9%	28.2%	1,001,233	32.6%	57.8%	1,252,930	28.8%	55.5%	1,395,764	15.0%	34.6%	1,425,675	24.2%	38.3%	1,397,409	14.1%	27.7%	1,525,293	14.9%	25.2%
3/2	1,050,649	21.6%	36.1%	1,049,015	40.5%	65.0%	1,320,702	35.8%	64.1%	1,455,912	22.6%	41.3%	1,484,175	29.9%	44.1%	1,464,241	18.5%	34.3%
4/2	1,085,832	29.9%	46.1%	1,083,677	48.1%	73.0%	1,373,168	43.6%	73.2%	1,499,234	30.3%	55.1%	1,522,618	36.9%	51.5%	1,503,429	24.7%	39.7%
1/3	1,101,126	36.6%	52.3%	1,104,685	53.5%	79.7%	1,404,273	48.7%	75.1%	1,527,173	36.2%	60.9%	1,546,939	40.1%	53.9%	1,523,565	28.0%	41.9%
2/3	1,109,799	39.4%	55.5%	1,118,447	57.6%	82.4%	1,424,716	53.7%	77.7%	1,536,144	40.7%	63.2%	1,561,395	42.3%	55.5%	1,534,859	30.7%	44.0%
3/3	1,110,599	43.2%	58.8%	1,126,196	62.7%	87.9%	1,433,273	57.4%	79.7%	1,548,458	44.5%	65.8%	1,569,799	44.2%	56.9%
4/3	1,114,988	46.8%	60.7%	1,133,292	67.9%	92.0%	1,437,713	60.4%	82.4%	1,553,801	48.2%	70.1%	1,576,436	46.4%	58.5%
1/4	1,118,659	48.7%	61.9%	1,134,422	71.3%	94.6%	1,441,797	64.7%	83.8%	1,556,628	52.2%	69.5%	1,582,663	48.8%	60.1%
2/4	1,119,156	50.7%	63.9%	1,138,671	75.3%	95.4%	1,443,653	68.9%	84.8%	1,559,564	54.3%	70.9%	1,586,501	52.1%	62.7%
3/4	1,119,696	53.2%	65.6%	1,142,086	77.9%	97.0%	1,445,845	70.8%	85.2%	1,560,025	56.1%	73.3%
4/4	1,121,078	55.5%	67.0%	1,142,830	83.3%	98.0%	1,445,642	71.7%	86.1%	1,559,444	59.4%	74.0%
1/5	1,122,281	57.9%	67.5%	1,145,105	85.1%	98.6%	1,447,186	73.0%	86.5%	1,558,988	61.7%	74.1%
2/5	1,120,587	60.4%	68.6%	1,146,022	86.5%	99.7%	1,448,350	73.9%	87.4%	1,560,140	63.5%	74.7%
3/5	1,120,922	61.6%	69.0%	1,146,534	87.9%	100.6%	1,449,715	76.2%	87.9%
4/5	1,121,502	62.3%	69.3%	1,147,934	89.5%	101.3%	1,449,495	77.4%	88.8%
2/6	1,122,691	63.8%	69.9%	1,149,502	92.1%	102.1%	1,452,135	80.0%	89.9%
3/6	1,122,626	64.3%	70.0%	1,150,148	93.7%	102.7%
4/6	1,122,595	65.3%	70.4%	1,150,503	95.0%	103.6%
1/7	1,122,674	65.9%	70.3%	1,151,990	95.9%	103.9%
2/7	1,123,020	66.4%	70.6%	1,152,216	97.1%	104.5%
3/7	1,123,282	66.8%	70.9%
4/7	1,123,566	67.3%	71.8%
1/8	1,123,757	67.9%	72.0%
2/8	1,124,711	68.2%	72.3%
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 30th June 2023
3/12				2) All Gross premium figures are cumulative converted US dollars in 000's. This conversion is at 30th June rates of exchange - $1 = £ 0.7866 = Can$ 1.3234 = Euros 0.9166
4/12				3) Gross premiums are cumulative net of all brokerage and commissions.
				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

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4/15

Syndicate 33 Net Underwriting Progression Statistics - Converted US Dollars in 000's - Published 30th June 2023

	2009 Year of Account	2010 Year of Account	2011 Year of Account	2012 Year of Account	2013 Year of Account	2014 Year of Account	2015 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	111,148	0.2%	5.7%	124,008	0.4%	1.9%	120,537	0.8%	2.9%	97,894	0.3%	4.6%	43,948	0.3%	1.1%	57,910	(0.2%)	2.5%	73,810	0.8%	2.8%
2/1	297,024	1.1%	7.4%	290,995	2.9%	15.9%	304,668	2.5%	14.2%	268,905	2.3%	6.8%	205,030	0.6%	5.3%	200,134	0.5%	5.8%	243,842	0.9%	10.9%
3/1	555,123	1.6%	9.4%	463,494	5.1%	21.8%	419,396	8.8%	22.3%	410,340	2.5%	9.0%	353,533	2.1%	9.9%	378,180	2.0%	8.5%	394,326	3.6%	10.9%
4/1	663,595	5.2%	15.2%	558,675	8.2%	32.1%	491,303	14.9%	32.4%	542,216	5.9%	17.7%	515,548	4.0%	17.4%	504,665	5.1%	14.0%	478,897	5.5%	17.3%
1/2	730,973	8.0%	20.5%	573,389	12.1%	38.3%	535,265	13.4%	49.3%	605,115	9.7%	26.6%	569,900	7.2%	22.1%	578,728	6.9%	19.4%	555,249	8.1%	22.7%
2/2	784,847	12.1%	26.7%	674,678	16.5%	53.7%	564,158	21.4%	57.9%	674,688	14.5%	30.6%	655,405	9.7%	26.2%	634,055	11.5%	25.9%	654,607	10.7%	27.6%
3/2	776,800	16.0%	34.9%	670,702	25.9%	58.2%	600,347	28.4%	53.5%	696,228	19.6%	33.7%	675,399	13.6%	30.8%	670,413	13.8%	29.7%	678,640	15.9%	33.5%
4/2	804,093	20.1%	36.0%	696,168	31.2%	60.3%	629,279	36.4%	57.0%	711,395	21.7%	34.7%	687,837	17.1%	33.0%	699,315	16.3%	32.4%	709,173	19.8%	36.1%
1/3	813,968	23.5%	37.2%	710,378	36.4%	62.4%	632,949	37.8%	60.7%	720,688	24.0%	37.1%	696,769	20.1%	34.7%	705,518	18.9%	35.4%	722,767	24.8%	40.4%
2/3	817,084	24.3%	37.3%	722,778	40.1%	63.5%	640,543	41.6%	60.2%	727,092	26.7%	38.5%	693,473	24.9%	37.8%	708,649	21.9%	37.3%	721,426	28.1%	43.8%
3/3	817,392	27.5%	40.5%	716,848	44.5%	67.4%	642,865	45.3%	60.3%	731,926	29.0%	39.4%	696,535	27.4%	38.6%	708,615	24.0%	38.6%	724,200	30.6%	46.1%
4/3	820,473	30.5%	41.4%	723,369	48.2%	67.9%	639,851	46.9%	61.3%	731,436	31.0%	40.5%	697,852	29.5%	39.2%	707,343	26.1%	41.5%	719,720	34.2%	48.1%
1/4	822,467	32.4%	42.0%	724,252	51.3%	69.5%	643,679	47.6%	62.8%	733,792	32.3%	41.3%	697,287	31.5%	39.4%	708,195	29.1%	42.4%	717,574	36.0%	49.6%
2/4	773,961	34.7%	44.2%	686,357	53.2%	68.2%	611,560	48.6%	62.9%	695,198	33.8%	42.5%	649,224	34.4%	42.0%	666,416	31.1%	43.9%	722,449	37.5%	51.1%
3/4	774,145	36.5%	45.2%	687,860	55.5%	69.8%	612,978	50.6%	64.3%	696,223	34.5%	42.3%	649,659	35.2%	42.5%	666,554	33.9%	46.0%	723,529	39.9%	51.7%
4/4	773,436	37.4%	45.4%	688,250	57.4%	68.9%	613,628	52.3%	64.2%	695,128	35.3%	42.7%	649,932	36.6%	42.6%	664,635	36.4%	46.4%	693,411	44.4%	55.0%
1/5	773,098	38.6%	45.5%	689,039	57.2%	68.5%	615,528	54.1%	64.8%	685,874	36.9%	43.5%	650,065	38.0%	42.9%	667,071	37.1%	46.7%	694,652	45.9%	55.2%
2/5	774,388	39.2%	46.0%	690,012	58.0%	68.6%	616,479	55.9%	66.2%	699,791	36.8%	42.6%	650,341	38.2%	43.2%	667,840	38.4%	46.8%	695,304	47.0%	56.3%
3/5	774,237	40.1%	46.5%	690,952	59.0%	68.9%	617,086	56.7%	66.2%	700,770	37.1%	43.4%	650,741	38.5%	43.5%	667,942	39.1%	46.8%	695,442	47.7%	56.4%
4/5	774,134	40.7%	46.8%	692,897	59.9%	68.0%	618,409	58.0%	67.8%	701,312	37.8%	43.9%	650,853	38.3%	43.2%	668,352	39.7%	48.9%	693,790	49.2%	57.1%
1/6	774,850	41.0%	47.1%	693,965	60.7%	68.1%	618,283	59.4%	67.5%	702,331	38.7%	44.2%	649,867	38.7%	43.3%	669,061	41.9%	49.3%	693,869	50.4%	59.9%
2/6	776,183	41.5%	47.3%	693,745	61.4%	68.4%	619,210	60.5%	67.8%	702,460	38.8%	44.1%	650,100	39.0%	43.3%	668,369	43.0%	50.2%	695,031	52.9%	60.8%
3/6	776,234	42.0%	47.3%	695,275	61.6%	68.9%	618,415	60.8%	68.2%	702,982	39.1%	45.0%	649,846	39.0%	43.3%	669,046	44.1%	50.3%	690,126	53.6%	61.2%
4/6	776,588	42.4%	47.4%	695,413	62.1%	69.6%	618,564	62.4%	68.4%	702,835	39.3%	45.0%	649,470	39.5%	42.9%	667,417	44.9%	50.8%	695,316	54.0%	61.1%
2/7	775,602	44.2%	49.1%	697,192	65.5%	70.6%	619,093	63.7%	68.6%	702,544	40.4%	46.7%	651,135	39.9%	43.2%	667,707	46.5%	50.9%	692,730	55.1%	61.5%
3/7	775,822	44.4%	49.2%	699,470	65.3%	70.1%	619,356	64.3%	68.8%	702,802	40.5%	46.4%	651,407	40.4%	43.4%	668,251	46.7%	50.9%	696,259	55.0%	61.5%
4/7	775,376	45.2%	49.1%	699,647	65.8%	69.9%	619,672	64.6%	68.5%	703,055	41.4%	46.8%	650,019	40.6%	43.3%	668,255	46.9%	51.1%	696,724	55.3%	61.2%
1/8	775,245	45.5%	48.7%	699,648	65.8%	69.7%	621,005	64.5%	68.4%	703,618	41.8%	47.0%	649,343	40.8%	43.4%	668,639	47.1%	51.1%	696,650	55.6%	61.6%
2/8	775,793	45.6%	48.8%	699,683	65.7%	69.3%	621,222	64.6%	68.3%	703,705	41.9%	47.0%	649,771	40.9%	43.4%	665,234	47.5%	51.6%	695,287	55.6%	60.6%
3/8	775,887	45.9%	48.7%	699,893	65.9%	69.3%	621,853	64.7%	68.2%	703,663	42.4%	47.1%	649,666	41.0%	43.6%	669,533	47.4%	51.4%	690,943	57.8%	60.7%
4/8	775,706	45.8%	48.9%	699,886	66.0%	69.1%	622,948	65.1%	68.3%	703,720	42.6%	46.8%	649,692	41.1%	43.7%	669,562	47.8%	51.4%	693,059	56.9%	58.1%
1/9	775,367	46.2%	49.0%	697,870	66.7%	70.0%	623,201	65.3%	68.3%	703,578	42.8%	46.9%	649,874	41.3%	43.5%	669,838	48.0%	51.4%	693,104	55.9%	58.0%
2/9	774,660	46.4%	49.1%	697,897	66.8%	69.9%	622,434	65.2%	68.2%	703,939	42.9%	46.9%	649,999	41.4%	43.3%	668,195	48.3%	50.4%	693,405	55.9%	57.8%
3/9	775,534	46.5%	49.2%	698,043	66.9%	70.3%	622,815	65.5%	68.0%	704,106	43.3%	45.9%	650,074	41.5%	43.2%	666,268	48.6%	50.4%
4/9	775,833	46.6%	49.3%	696,613	67.4%	70.8%	622,570	65.6%	67.5%	703,895	43.4%	46.7%	649,834	41.7%	43.1%	667,306	48.7%	49.6%
1/10	775,457	46.7%	49.1%	696,579	68.2%	70.6%	621,963	65.8%	67.1%	701,850	43.6%	46.9%	649,883	41.8%	43.1%	667,060	48.6%	49.3%
2/10	775,503	46.8%	49.1%	695,397	68.4%	71.4%	622,502	65.9%	67.1%	704,075	43.6%	47.2%	649,744	41.9%	43.0%	667,183	48.5%	49.0%
3/10	775,509	47.8%	49.4%	695,275	68.6%	72.0%	622,375	65.9%	67.5%	704,200	43.8%	47.6%	649,596	41.9%	43.0%
4/10	775,779	47.8%	49.1%	694,852	69.1%	72.0%	622,300	65.9%	67.5%	704,189	44.0%	46.8%	649,770	41.9%	42.8%
1/11	775,813	47.8%	49.2%	694,427	69.1%	71.8%	622,354	66.4%	67.5%	704,402	44.0%	46.7%	649,727	41.9%	42.7%
2/11	775,345	47.8%	49.2%	695,025	69.2%	71.7%	622,572	66.4%	67.5%	704,691	44.0%	46.7%	649,824	41.9%	42.8%
3/11	775,044	48.3%	49.2%	694,962	69.1%	72.1%	622,478	66.4%	67.5%	704,360	44.1%	46.7%
4/11	775,018	47.9%	49.3%	694,982	69.6%	72.2%	622,304	66.6%	67.5%	704,511	44.0%	46.5%
1/12	775,671	48.3%	49.3%	694,802	69.5%	71.0%	622,499	66.4%	67.3%	704,568	44.1%	46.8%
2/12	775,665	47.9%	49.2%	693,117	70.9%	72.4%	622,534	66.4%	67.3%	704,609	44.4%	46.7%
3/12	775,862	48.2%	49.5%	693,096	70.7%	72.1%	622,250	66.5%	67.4%
4/12	775,885	48.2%	49.5%	693,230	70.7%	72.0%	622,399	66.4%	67.2%
1/13	775,685	48.1%	49.5%	693,228	70.8%	72.0%	622,279	66.8%	67.4%
2/13	775,571	48.3%	49.3%	692,948	70.8%	71.8%	622,407	66.6%	67.3%
3/13	775,422	48.3%	49.4%	691,955	70.9%	72.0%
4/13	775,360	48.3%	49.6%	692,116	70.9%	71.5%
1/14	775,462	48.4%	49.7%	692,050	70.9%	71.5%
2/14	775,851	48.4%	49.7%	692,044	71.0%	71.5%
3/14	774,620	48.5%	49.8%
4/14	775,276	48.4%	49.0%
1/15	775,306	48.4%	49.0%
2/15	775,378	48.4%	49.0%
3/15
4/15

Syndicate 33 Net Underwriting Progression Statistics - Converted US Dollars in 000's - Published 30th June 2023

	2016 Year of Account	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
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	90,654	1.2%	2.2%	81,082	2.9%	8.5%	102,978	1.2%	1.9%	43,214	2.1%	2.7%	21,797	6.9%	8.0%	6,436	12.7%	16.4%	4,450	6.9%	57.8%	5,234	15.0%	16.8%
2/1	237,406	1.6%	4.7%	189,956	3.9%	8.7%	237,028	1.6%	5.6%	232,945	1.7%	3.2%	201,319	12.5%	15.7%	179,076	1.2%	3.4%	171,819	3.1%	6.5%	180,710	2.5%	6.5%
3/1	398,927	3.6%	9.2%	330,449	14.9%	37.3%	421,098	3.8%	8.1%	455,996	3.5%	8.5%	417,670	4.7%	11.7%	421,507	6.0%	9.3%	396,512	3.0%	7.9%
4/1	497,627	7.4%	16.5%	443,005	25.4%	38.2%	537,489	13.3%	32.6%	585,531	6.9%	16.8%	559,386	12.6%	22.7%	586,950	9.6%	20.1%	618,164	7.5%	15.9%
1/2	533,993	12.7%	24.5%	454,851	24.3%	45.1%	612,413	27.8%	49.0%	668,139	11.7%	28.3%	624,232	17.2%	30.6%	680,020	12.2%	23.4%	767,698	11.2%	20.6%
2/2	611,391	17.0%	31.0%	540,327	26.0%	39.2%	650,060	26.7%	48.5%	789,612	16.3%	34.0%	744,768	19.5%	35.3%	765,386	13.8%	26.3%	858,435	13.8%	23.9%
3/2	653,903	27.1%	42.6%	563,441	32.1%	46.2%	706,557	32.0%	53.2%	782,600	24.7%	42.3%	786,193	26.8%	38.8%	821,554	18.5%	31.2%
4/2	701,187	31.9%	47.9%	601,628	38.5%	50.8%	741,915	39.4%	60.5%	821,161	32.1%	50.1%	818,028	29.7%	41.9%	855,126	24.5%	36.3%
1/3	705,595	38.7%	53.4%	611,289	41.5%	56.4%	734,662	44.0%	65.6%	824,688	38.5%	54.7%	831,244	32.7%	45.4%	864,269	25.7%	38.6%
2/3	722,942	39.7%	55.4%	617,145	43.3%	57.5%	774,072	50.3%	66.5%	841,221	40.5%	56.2%	847,496	34.3%	46.4%	875,799	28.2%	39.9%
3/3	723,742	45.5%	60.6%	621,809	46.7%	60.2%	769,108	49.5%	65.9%	861,338	42.6%	58.2%	849,825	36.0%	47.5%
4/3	728,130	50.9%	63.4%	625,993	51.2%	67.0%	767,773	56.0%	70.7%	866,780	45.3%	61.5%	856,166	37.0%	48.6%
1/4	722,836	49.2%	62.4%	612,974	53.5%	68.9%	780,232	59.6%	71.1%	867,859	48.4%	62.3%	863,143	40.1%	51.2%
2/4	693,632	52.1%	66.1%	630,113	59.3%	70.7%	746,691	55.4%	64.8%	864,678	48.6%	61.5%	860,438	43.6%	52.9%
3/4	698,464	54.1%	67.2%	586,029	50.0%	64.8%	748,668	56.3%	66.6%	819,296	45.5%	59.2%
4/4	695,463	57.6%	69.5%	589,310	55.8%	66.4%	751,737	56.0%	66.4%	819,284	50.2%	58.8%
1/5	696,122	60.5%	70.0%	590,653	57.3%	66.9%	751,293	57.8%	67.7%	818,156	49.7%	59.8%
2/5	695,330	63.1%	71.9%	588,689	58.8%	69.1%	744,847	58.2%	68.6%	818,933	51.5%	60.4%
3/5	696,108	62.7%	70.7%	592,013	59.3%	69.2%	737,334	63.4%	70.9%
4/5	696,862	63.9%	71.2%	591,772	61.0%	70.0%	742,648	61.1%	67.0%
1/6	697,405	64.8%	71.7%	590,157	62.8%	70.9%	744,157	62.3%	68.4%
2/6	694,111	65.6%	72.3%	591,786	62.7%	69.9%	745,194	61.3%	67.1%
3/6	697,122	65.6%	72.0%	582,443	64.7%	71.4%
4/6	697,298	66.6%	72.7%	588,154	63.1%	66.8%
2/7	694,862	67.5%	71.8%	589,001	64.4%	66.8%
3/7	687,628	68.5%	72.7%
4/7	692,642	68.1%	71.0%
1/8	693,619	68.2%	70.1%
2/8	693,664	68.5%	70.5%
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 30th June 2023
3/12				2) All Net premium figures are cumulative converted US dollars in 000's. This conversion is at 30th June rates of exchange - $1 = £ 0.7866 = Can$ 1.3234 = Euros 0.9166
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

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