NO CHANGES IN SYNDICATE FORECASTS

Bermuda-based Catlin Group and UK-based Hiscox have released unchanged quarterly forecasts for their Lloyd’s Syndicates. Catlin maintained a range of 13.7% to 18.7% for Syndicate 2003’s 20043 year of account, and of 8.8% to 13.8% for the 2004 year. Hiscox made no change to syndicate 33’s forecasts, with the 2003 year of account remaining between 12.5% and 17.5% and the 2004 year of account remaining between 5% and 12.5%.