Syndicate 33 Estimates

Hiscox Ltd
30 May 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]
Sebastian St. John-Clarke   Head of Communications   [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. Hiscox Insurance Company Ltd, Hiscox
Underwriting Ltd and Hiscox Syndicates Ltd are authorised and regulated by the
Financial Services Authority.




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