28th Nov 2006 16:15
Hiscox PLC28 November 2006 HISCOX PLC ANNOUNCEMENT Syndicate 33 Estimates Hiscox plc, the UK's leading specialist insurer, today releases for Syndicate 33its current estimate for the 2004 and 2005 years of account. The estimates for 2004 and 2005, expressed as a percentage of capacity, are asfollows: Year of Current estimate Previous estimate Capacity Hiscox plc shareaccount 2004 5.0% to 12.5% 5.0% to 12.5% £846m 65%2005 -7.5% to 2.5% -7.5% to 2.5% £774m 71% - ends - For further information: Hiscox plc Bronek Masojada Chief Executive 020 7448 6012Stuart Bridges Finance Director 020 7448 6013Richard Watson Active Underwriter Syndicate 33 020 7448 6006 Maitland Suzanne Bartch 020 7379 5151 Notes to editors 1. The Syndicate estimates are after standard personal expenses, such asManaging Agent fees and profit commission and all charges levied directly onsyndicates by Lloyd's, but before Members Agents' charges. 2. About Hiscox 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 further information, go to www.hiscox.com This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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