Hiscox has lefts its estimates for Syndicate 33 for the 2004 and 2005 years of account unchanged.
The group said the estimated profit for 2004 remains at 5-12.5% of capacity, while the estimate for 2005 ranges from a loss of 7.5% to a profit of 2.5%.
Hiscox's capacity share of the syndicate is £846m for 2004 and £774m for 2005.
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