1st Nov 2006 12:22
Hiscox PLC01 November 2006 HISCOX PLC ANNOUNCEMENT Hiscox plc ('Hiscox') announces that it has published today on its companywebsite an updated summary of its 2007 business forecast for Syndicate 33. Thissummary business forecast is available at:- www.hiscox.com/lloydsreporting The plan envisages a Syndicate capacity of £875m for 2007, which is an increaseof 5% on the previously announced figure of £833m. The increase will provideSyndicate 33 with the ability to take advantage of additional underwritingopportunities as they arise. As a result of this pre-emption Syndicate 33'scapacity will trade in the final auction on 17th November 2006. -ends- For further information: Hiscox plc Bronek Masojada Chief Executive 020 7448 6012Stuart Bridges Finance Director 020 7448 6013Rebecca Olejnik Corporate Communications 020 7448 6332 The Maitland Consultancy Suzanne Bartch 020 7379 5151 Notes to editors Hiscox plc is a specialist insurance group listed on the London Stock Exchange.There are three main underwriting parts of the Group - Hiscox Global Markets,Hiscox UK and Europe, and Hiscox International. Hiscox Global Marketsunderwrites mainly internationally traded business in the London Market -generally large or complex business which needs to be shared with other insurersor needs the international licences of Lloyd's. Hiscox UK and Hiscox Europeoffer a range of specialist insurance for professionals and business customers,as well as high net worth individuals. Hiscox International includes offshoreoperations in Bermuda and Guernsey and Hiscox USA. For more information go towww.hiscox.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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