LLVs For Sale

Please note that a number of LLVs have been removed from the market pending revaluation, following receipt of the latest 2017 and 2018 estimates.
Last Updated 14 June, 2019

LLVs For Sale

8 LLVs Currently For Sale
Name
Nameco (No 377) Ltd
2019 Capacity
£595,423
Value of Capacity
£266,762
2017 Mid-Point Estimate
£(9,146)
2018 Mid-Point Estimate
£(16,866)
Funds at Lloyd's Requirement
£382,441
Humphrey Valuation
£406,204
Closing Date for Offer
No deadline.
Name
Nomina No 599 LLP
2019 Capacity
£511,846
Value of Capacity
£179,223
2017 Mid-Point Estimate
£(42,892)
2018 Mid-Point Estimate
£(21,091)
Funds at Lloyd's Requirement
£347,015
Humphrey Valuation
£152,481
Closing Date for Offer
No deadline
Name
Nomina No 515 LLP
2019 Capacity
£810,531
Value of Capacity
£316,080
2017 Mid-Point Estimate
£(6,075)
2018 Mid-Point Estimate
£(6,344)
Funds at Lloyd's Requirement
£522,370
Humphrey Valuation
£448,648
Closing Date for Offer
No deadline
Name
Nameco (No 233) Limited
2019 Capacity
£396,526
Value of Capacity
£171,721
2017 Mid-Point Estimate
£(27,880)
2018 Mid-Point Estimate
£(14,513)
Funds at Lloyd's Requirement
£257,221
Humphrey Valuation
£217,755
Closing Date for Offer
No deadline
Name
Nameco (No 1278) Ltd
2019 Capacity
£343,750
Value of Capacity
£133,250
2017 Mid-Point Estimate
£(22,353)
2018 Mid-Point Estimate
£(16,027)
Funds at Lloyd's Requirement
£262,789
Humphrey Valuation
£119,249
Closing Date for Offer
No deadline
Name
Strovers LLP
2019 Capacity
£1,108,494
Value of Capacity
£495,989
2017 Mid-Point Estimate
£(41,564)
2018 Mid-Point Estimate
£(30,325)
Funds at Lloyd's Requirement
£615,555
Humphrey Valuation
£490,128
Closing Date for Offer
13/06/2019
Discretion to Accept Bids Before the Deadline
None
Name
Hopesay Underwriting LLP
2019 Capacity
£903,671
Value of Capacity
£309,452
2017 Mid-Point Estimate
£8,597
2018 Mid-Point Estimate
£(86,533)
Funds at Lloyd's Requirement
£547,198
Humphrey Valuation
£248,294
Closing Date for Offer
No deadline
Name
Knobloch Trustees LLP
2019 Capacity
£708,130
Value of Capacity
£220,214
2017 Mid-Point Estimate
£(1,398)
2018 Mid-Point Estimate
£(52,538)
Funds at Lloyd's Requirement
£441,433
Humphrey Valuation
£194,744
Closing Date for Offer
No deadline
Hampden Agencies Ltd is authorised and regulated by the Financial Conduct Authority. These services are NOT being offered publicly to US persons or in the United States, nor are they being offered publicly in any other jurisdiction where such offers may be unlawful. It is the responsibility of any person communicating the contents of this document or communication, or any part thereof to ensure complete compliance with all applicable legal and regulatory requirements.
Past performance is not necessarily a guide to future performance. Underwriting at Lloyd’s is a very high risk investment. Members underwriting through a limited liability vehicle are exposed to losing the entire assets of the vehicle. Independent financial advice should always be sought before any underwriting commitment is made by a potential or existing member.

Explanatory Text

Capacity Values

The Capacity is valued at the adjusted weighted average auction price achieved in the 2018 auctions 1 to 3 based upon the 2019 capacity. HAL currently supports a number of syndicates with tenancy arrangements and/or variations from the standard agency agreements in place. The purchaser should ensure he or she is aware of these special terms prior to buying an LLV.

Estimated Results for 2017 & 2018 Accounts

Details the latest mid-point estimate for 2017 and 2018 accounts after deductions for early releases, agency fees and recoveries from stop loss policies where applicable. Estimates based upon the Best/Worst case scenarios are available upon request.

Funds at Lloyd's

The amount shown is based upon the latest Coming into Line requirement for 2019 excluding any Solvency II credit, but will include any deficits. It may be necessary to replace the existing level of FAL where the FAL deposited is greater than the CIL amount required under the latest Test.

Humphrey Valuation

The valuation of the LLV is carried out by Humphrey & Co., an independent firm of accountants, which is available upon request.

Closing Date for Offer

Indicates where a vendor has asked for any bids to be submitted by a specified date for their consideration. A vendor may accept a bid prior to this date and reserves the right to remove the LLV from the website upon acceptance of a suitable bid or may wait to review all bids submitted by the closing date.

New and existing clients interested in purchasing LLVs should contact:

Neil Gordon
Private Client Director