Hampden Agencies Limited

At Hampden Agencies Ltd (HAL) we are at the forefront of promoting individual participation at Lloyd's and currently advise investors underwriting £1.5 billion of capacity in 2008 representing over 9.5% of the Lloyd's Market capacity.

Of this we act for £281 million of corporate capacity provided to Atrium (syndicates 570 and 609), Cathedral (syndicates 2010 and 3010), HCC (syndicate 4040), MAP (syndicates 2791 and 6103), and Meacock (syndicate 727) .

For 2008, HAL will continue to actively promote the benefits of limited liability participation at Lloyd's. Investors will be eligible to receive a return from profitable underwriting as well as continuing to benefit from the ownership of those assets which back the underwriting. In this way an investor's assets can be used twice to generate a return.

We have also been at the forefront of providing methods by which private capital can invest in the Lloyd's market on a limited liability basis. We act for over 700 limited liability vehicles currently. The methods of participation on a limited liablity basis have been refined in recent years and offer the private investor an efficient way to conduct international insurance and reinsurance business. We continue to develop new products for private and institutional capital.

Capital invested is at risk as it is exposed to underwriting losses.