Performance

Year of AccountHampden AgenciesLloyd's ResultReturn on Funds at Lloyds %
2001-12.4-18.4-31.1
200213.711.434.3
200321.218.852.9
200410.510.426.2
20055.62.613.9
200626.22765.5
200718.41745.9
200810.110.322.3
200919.117.242.5
20103.12.56.9
20117.2416
201212.411.924.8
2013139.226
201414.410.928.9
201511.36.322.6
20165.5-2.910.9
2017**-9.83-9.55-19.65
2018**-4.38-4.44-7.31

** Midpoint forecast as at end of June 2019

Notes:

All returns include standard personal expenses but are shown before Members’ Agents’ charges.

2001 to 2016: results at 36 months calculated from Hampden Members’ aggregate returns excluding any movement on run-off years. Lloyd's returns at 36 months based on Global results / QMR year end schedules.

2017 and 2018 estimates are calculated from syndicates' mid-point estimates at 30 June 2019.

  • The second column shows the percentage return on Premium Limit for each year of account.
  • The third column shows the percentage return on Premium Limit for the Lloyd's market for each year of account.
  • The fourth column shows the Members' return for each year of account as a percentage of their Funds at Lloyd's (FAL).

Premium Limit is the total amount of capacity underwritten by a Member. FAL is the amount of capital lodged by a Member to back their Premium Limit. FAL are assumed to be 40% of Premium Limit in the years 2001 to 2007, 45% for 2008 to 2011, 50% for 2012 to 2017 and 60% for 2018.