Statement re buy back

RNS Number : 2271X

Hiscox Ltd

20 June 2008

 



Hiscox Ltd Announcement

Share buy back

Hamilton, Bermuda - Hiscox Ltd, the international specialist insurer, announces the board has agreed to continue to buy back Hiscox shares into treasury, extending the £50 million programme it commenced in September 2007. 

To date £49,462,734 has been spent to acquire 21,010,714 shares at an average price of 2.35p per share.

Hiscox will continue to buy back shares during the close period under an irrevocable instruction.  

- Ends -

For further information:

Hiscox Ltd
Robin Mehta, Company Secretary	[phone]
Kylie O'Connor, Communications Manager, London	[phone]
Maitland
Suzanne Bartch	[phone]
Richard Farnsworth	[phone]

Notes to editors:

Hiscox, headquartered in Bermuda, is an international 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 Markets underwrites mainly 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 Insurance Company Limited, Hiscox Underwriting Limited and Hiscox Syndicates Ltd are regulated by the Financial Services Authority. For further information, visit www.hiscox.com.

 

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