Syndicate 33

Hiscox PLC
01 November 2006


                            HISCOX PLC ANNOUNCEMENT

Hiscox plc ('Hiscox') announces that it has published today on its company
website an updated summary of its 2007 business forecast for Syndicate 33. This
summary business forecast is available at:-

www.hiscox.com/lloydsreporting

The plan envisages a Syndicate capacity of £875m for 2007, which is an increase
of 5% on the previously announced figure of £833m. The increase will provide
Syndicate 33 with the ability to take advantage of additional underwriting
opportunities as they arise. As a result of this pre-emption Syndicate 33's
capacity will trade in the final auction on 17th November 2006.


                                      -ends-


For further information:

Hiscox plc

Bronek Masojada     Chief Executive             020 7448 6012
Stuart Bridges      Finance Director            020 7448 6013
Rebecca Olejnik     Corporate Communications    020 7448 6332

The Maitland Consultancy

Suzanne Bartch                                  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