Hiscox PLC
30 June 2006
HISCOX PLC ANNOUNCEMENT
Hiscox plc ('Hiscox') announces that it has published today on its company
website a summary of its initial 2007 business forecast for Syndicate 33. This
summary business forecast is available at:-
www.hiscox.com/lloydsreporting
A full 2007 business forecast for Syndicate 33 has been submitted to Lloyd's, as
is required of all syndicates operating in the Lloyd's market.
The plan envisages a Syndicate capacity of £833m for 2007, the same capacity as
2006. A final plan will be submitted to Lloyd's in late September which
may involve a change to Syndicate capacity depending on loss activity over the
next three months.
- ends -
For further information:
Hiscox plc
Bronek Masojada Chief Executive 020 7448 6012
Stuart Bridges Finance Director 020 7448 6013
Kylie O'Connor Communications Manager 020 7448 6656
The Maitland Consultancy
Philip Gawith 020 7379 5151
Notes to editors
Hiscox plc 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 offshore
operations in Bermuda and Guernsey and Hiscox USA. For more information go to
www.hiscox.com
This information is provided by RNS
The company news service from the London Stock Exchange
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Obtains access to the information in a personal capacity;
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Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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