SECURITIES AND EXCHANGE COMMISSION
                              Washington, DC 20549


                                    FORM 8-K


                             CURRENT REPORT PURSUANT
                          TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


       Date of report (Date of earliest event reported): February 20, 2004


                            HUB INTERNATIONAL LIMITED
             (Exact Name of Registrant as Specified in Its Charter)


                                     ONTARIO
                 (State or Other Jurisdiction of Incorporation)


               1-31310                           36-4412416
      (Commission File Number)        (I.R.S. Employer Identification No.)

                  55 EAST JACKSON BOULEVARD, CHICAGO, IL 60604
               (Address of Principal Executive Offices) (Zip Code)

                                 (877) 402-6601
              (Registrant's Telephone Number, Including Area Code)


                                       n/a
          (Former Name or Former Address, if Changed Since Last Report)






Item 12.  Results of Operations and Financial Condition

     On February 20, 2004,  Hub  International  Limited  issued a press  release
announcing its financial  results for the fourth quarter and year ended December
31, 2003. A copy of the press release is attached to this Report as Exhibit 99.1
and is incorporated herein by reference.

     The foregoing information, including the information contained in the press
release,  is being furnished pursuant to this Item 12 and shall not be deemed to
be "filed" for the  purposes  of Section 18 of the  Securities  Exchange  Act of
1934, as amended,  or otherwise  subject to the  liabilities  of that Section or
Sections 11 and 12(a)(2) of the Securities Act of 1933, as amended.




                                   SIGNATURES

     Pursuant to the  requirements  of the Securities  Exchange Act of 1934, the
Registrant  has duly  caused  this  Report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.




                                               HUB INTERNATIONAL LIMITED
                                                      (Registrant)


Date: February 20, 2004                        By:     /s/ W. Kirk James
                                                       -----------------
                                               Name:   W. Kirk James
                                               Title:  Vice President, Secretary
                                                       and General Counsel