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Hiscox Limited

Earnings Release Nov 7, 2016

6225_rns_2016-11-07_3f48467a-ee83-4285-82f9-3db6ca03068e.html

Earnings Release

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RNS Number : 4108O

Hiscox Ltd

07 November 2016

Syndicates 33 and 6104 - estimates

Released : 7/11/2016

RNS Number :

Hiscox Ltd

7 November 2016

Syndicates 33 and 6104 - estimates

Hamilton, Bermuda (7 November 2016) - Hiscox Ltd (LSE: HSX), the international specialist insurer, announces the current estimates for Syndicate 33 and Syndicate 6104's 2014 and 2015 accounts.

The estimates for 2014 and 2015, expressed as a percentage of capacity, are as follows:

Syndicate Year of account Current estimate Previous estimate Capacity Hiscox share
33 2014 5.0% to 15.0% 5.0% to 15.0% £1,000m 73%
33 2015 0.0% to 10.0% 0.0% to 10.0% £1,000m 73%
6104 2014 30.0% to 40.0% 27.5% to 37.5% £72m 0%
6104 2015 25.0% to 35.0% 20.0% to 30.0% £65m 0%

ENDS

For further information:
Hiscox Ltd
Jeremy Pinchin, Group Company Secretary

Kylie O'Connor, Head of Group Communications, London
+1 441 278 8300

+44 (0) 20 7448 6656
Brunswick
Tom Burns +44 (0) 20 7404 5959

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 Retail (which includes Hiscox UK and Europe, Hiscox Guernsey, Hiscox USA and subsidiary brand, DirectAsia), Hiscox London Market and Hiscox Re. 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. Hiscox underwrites internationally traded, bigger ticket business and reinsurance through Hiscox London Market and Hiscox Re.

For further information, visit www.hiscoxgroup.com.

This information is provided by RNS

The company news service from the London Stock Exchange

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