30th May 2007 07:59
Hiscox Ltd30 May 2007 Hiscox Ltd Announcement Syndicate 33 Estimates Hiscox Ltd, the specialist insurer, today releases its current estimates forSyndicate 33 for the 2005 and 2006 years of account. The estimates for 2005 and 2006, expressed as a percentage of capacity, are asfollows: Year of Current estimate Previous estimate Capacity HiscoxAccount Share 2005 -7.5% to 2.5% -7.5% to 2.5% £774m 71% 2006 15% to 22.5% 15% to 22.5% £832m 73% - Ends - For further information: Hiscox Ltd Robin Mehta Company Secretary +1 441278 8300Sebastian St. John-Clarke Head of Communications +44 (0)20 7448 6458 Maitland Suzanne Bartch +44 (0) 20 7379 5151 Notes to editors 1. The Syndicate estimates are after standard personalexpenses, such as Managing Agent fees and profit commission and all chargeslevied directly on syndicates by Lloyd's, but before Members Agents' charges. 2. Hiscox, headquartered in Bermuda, is a specialist insurance group listed onthe London Stock Exchange. There are three main underwriting parts of the Group- Hiscox Global Markets, Hiscox UK and Europe, and Hiscox International. HiscoxGlobal Markets underwrites mainly internationally traded business in the LondonMarket - generally large or complex business which needs to be shared with otherinsurers or needs the international licences of Lloyd's. Hiscox UK and HiscoxEurope offer a range of specialist insurance for professionals and businesscustomers, as well as high net worth individuals. Hiscox International includesoperations in Bermuda, Guernsey and USA. Hiscox Insurance Company Ltd, HiscoxUnderwriting Ltd and Hiscox Syndicates Ltd are authorised and regulated by theFinancial Services Authority. This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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