Syndicate 33

Hiscox PLC
28 November 2006


                            HISCOX PLC ANNOUNCEMENT

                             Syndicate 33 Estimates


Hiscox plc, the UK's leading specialist insurer, today releases for Syndicate 33
its current estimate for the 2004 and 2005 years of account.

The estimates for 2004 and 2005, expressed as a percentage of capacity, are as
follows:

Year of    Current estimate  Previous estimate   Capacity     Hiscox plc share
account

2004         5.0% to 12.5%     5.0% to 12.5%       £846m           65%
2005        -7.5% to 2.5%     -7.5% to 2.5%        £774m           71%

                                    - ends -


For further information:

Hiscox plc

Bronek Masojada   Chief Executive                             020 7448 6012
Stuart Bridges    Finance Director                            020 7448 6013
Richard Watson    Active Underwriter Syndicate 33             020 7448 6006

Maitland

Suzanne Bartch                                                020 7379 5151


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. About Hiscox

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 further information, go to www.hiscox.com







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