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Hiscox Limited

Regulatory Filings Nov 10, 2014

6225_rns_2014-11-10_dad490f7-aa69-4fe8-bcd0-ba8644ca094a.html

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RNS Number : 5883W

Hiscox Ltd

10 November 2014

Syndicates 33 and 6104 - estimates

Hamilton, Bermuda (10 November 2014) - Hiscox Ltd (LSE: HSX), the international specialist insurer, announces the current estimates for Syndicate 33 and Syndicate 6104's 2012 and 2013 accounts.

The estimates for 2012 and 2013, expressed as a percentage of capacity, are as follows:

Syndicate Year of account Current estimate Previous estimate Capacity Hiscox share
33 2012 10.0% to 17.5% 2.5% to 12.5% £950m 73%
33 2013 0.0% to 10.0% 0.0% to 10.0% £950m 73%
6104 2012 30.0% to 40.0% 25.0% to 35.0% £39m 0%
6104 2013 35.0% to 45.0% 30.0% to 40.0% £66m 0%

ENDS

For further information:

Hiscox Ltd

Jeremy Pinchin, Group Company Secretary                                      +1 441 278 8300

Kylie O'Connor, Head of Group Communications, London              +44 (0) 20 7448 6656

Brunswick                                                                                 +44 (0) 20 7404 5959

Tom Burns

Notes to editors:

1. The Syndicates' estimates are after standard personal expenses, such as Managing Agent fees and profit commission and all charges levied directly on syndicates by Lloyd's, but before Members Agents' charges.

2. Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). There are three main underwriting divisions in the Group - Hiscox London Market, Hiscox Re and Hiscox Retail (which includes Hiscox UK and Europe, Hiscox Guernsey, Hiscox USA and subsidiary brand, DirectAsia). Hiscox underwrites internationally traded, bigger ticket business and reinsurance through Hiscox Re and Hiscox London Market. Through its retail businesses in the UK, Europe and the US Hiscox offers a range of specialist insurance for professionals and business customers, as well as homeowners.

For further information visit www.hiscoxgroup.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

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