Hamilton, Bermuda (1 August 2011) - Hiscox Ltd (LSE: HSX), the international specialist insurer, announces the current estimates for Syndicate 33 and Syndicate 6104’s 2009 and 2010 accounts.
The estimates for 2009 and 2010, expressed as a percentage of capacity, are as follows:
Syndicate
Year of account
Current estimate
Previous estimate
Capacity
Hiscox share
33
2009
17.5% to 25.0%
15.0% to 22.5%
£750m
73%
33
2010
-10.0% to 0.0%
-10.0% to 0.0%
£1,000m
73%
6104
2009
55.0% to 65.0%
55.0% to 65.0%
£43m
0%
6104
2010
-10.0% to 10.0%
-10.0% to 10.0%
£45m
0%
ENDS
For further information:
Hiscox Ltd
Charles Dupplin, 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
Daniel Thole
Notes to editors
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.
Hiscox, the international specialist insurer, is headquartered in Bermuda and listed on the London Stock Exchange (LSE:HSX). There are three main underwriting parts of the Group - Hiscox London Market, Hiscox UK and Europe and Hiscox International. Hiscox London Market underwrites internationally traded business in the London Market - generally large or complex business which needs to be shared with other insurers or needs the international licences of Lloyd's. Hiscox UK and Hiscox Europe offer a range of specialist insurance for professionals and business customers, as well as high net worth individuals. Hiscox International includes operations in Bermuda, Guernsey and USA.
Hiscox Ltd is a Bermuda-based diversified international insurance company. The Company is a holding company for subsidiaries involved in the business of insurance and reinsurance in Bermuda, the United States, the United Kingdom, Guernsey, Europe and Asia. The Companyâs segments include Hiscox Retail, Hiscox London Market, Hiscox Re & ILS and Corporate Centre. The Hiscox Retail segment includes results of the Companyâs retail business divisions in the United Kingdom, Europe, United States and Asia. The Hiscox UK and Hiscox Europe divisions underwrite personal and commercial lines of business. The Hiscox USA division comprises commercial, property and specialty businesses. The Hiscox London Market consists of the internationally traded insurance business, including lines in property, marine and energy, casualty and other specialty insurance lines. The Hiscox Re & ILS segment is the reinsurance division of the Company, combining the underwriting platforms in Bermuda and London.
HISCOX LTD 
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