Director/PDMR Shareholding

Hiscox Ltd

(the 'Company')

Notification of transactions by Directors or Person Discharging Managerial Responsibilities ('PDMRs')

Hamilton, Bermuda - The Company has been notified that Mrs Jane Masojada, a connected person of Mr Bronek Masojada, a Director, has updated her banking facilities and granted security over 922,435 ordinary shares of 5 55/89p each in the Company.

The arrangements allow the bank to deal without further permission using the Trading Plan exemptions within the Listing Rules of the UK Listing Authority.

This notice is made pursuant to DTR 3.1.4R.

Mr Masojada continues to be interested in a total of 3,326,053 ordinary shares of 5 55/89p each in the Company.

Jeremy Pinchin

Company Secretary

Hiscox Ltd

+ 1 441 278 8300