Syndicate 33 Estimates

Hiscox Ltd
22 August 2007


                            Hiscox Ltd Announcement
                             Syndicate 33 Estimates



Hiscox Ltd, the specialist insurer, today releases its current estimates for
Syndicate 33 for the 2005 and 2006 years of account.

The estimates for 2005 and 2006, expressed as a percentage of capacity, are as
follows:

Year of   Current estimate Previous estimate Capacity   Hiscox
Account                                                  Share

2005         -7.5% to 2.5%     -7.5% to 2.5%    £774m      71%

2006          15% to 22.5%      15% to 22.5%    £832m      73%

                                    - Ends -

For further information:

Hiscox Ltd

Robin Mehta Company Secretary                         [phone]
Kylie O'Connor Head of Communications, London         [phone]

Maitland

Suzanne Bartch                                        [phone]

Notes to editors

1. The Syndicate 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, headquartered in Bermuda, 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 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.




                      This information is provided by RNS
            The company news service from the London Stock Exchange