There are currently 10 Limited Liability Vehicles for sale.
|LLVs||2020 Underwriting Capacity||Gross ECA Capacity||Capacity Values||Funds at Lloyd's owned by LLV||Funds at Lloyd's owned by vendor||Humphrey & Co Business Valuation for Offer||Potential Overall Investment||2018 Mid-Point Estimate||2018 Stop Loss||2019 Mid-Point Estimate||2019 Stop Loss||HASP Cover £||Deadline for Offers|
|£||As a % of PIL|
|Inshala No1. Ltd*||£2,132,498||55.5%||£856,869||40.2%||£6,805||£1,987,388||£969,976||£2,957,463||-£119,208||N||-£70,227||N|
|RG Reynolds & Associates LLP*||£649,477||48.2%||£271,098||41.7%||£38,301||£380,487||£270,848||£651,335||-£42,974||10% xs 5%||-£21,084||10% xs 5%|
|Nameco (No 929) Ltd||£2,782,166||64.1%||£810,410||29.1%||£2,359,776||£0||£2,938,952||£2,938,952||-£209,222||N||-£104,873||N|
|Nameco (No 980) Ltd||£1,136,028||59.4%||£571,000||50.3%||£852,960||£0||£1,358,582||£1,358,582||-£64,790||N||-£31,365||N|
|Nomina No 318 LLP||£1,244,384||54.8%||£477,019||38.3%||£0||£1,188,050||£395,486||£1,583,536||-£78,580||10% xs 10%||-£42,799||10% xs 10%|
|Nameco (No 2012) Ltd||£1,181,271||56.6%||£648,764||54.9%||£9,900||£967,680||£602,544||£1,570,224||-£78,619||N||-£44,571||N|
|Nomina No 332 LLP||£1,097,772||51.1%||£395,597||36.0%||£0||£882,072||£334,278||£1,216,350||-£62,369||10% xs 10%||-£28,457||10% xs 10%|
|Nameco (No 1275) Ltd||£589,802||49.5%||£283,026||48.0%||£253,382||£80,000||£537,599||£617,599||-£26,597||N||-£15,440||N|
|Nameco (No 936) Ltd||£2,855,781||46.4%||£1,265,235||44.3%||£529,997||£1,000,000||£1,808,773||£2,808,773||-£92,003||N||-£22,843||N|
|Alto Underwriting Ltd||£1,363,472||56.3%||£655,224||48.1%||£1,195,755||£0||£1,736,628||£1,736,628`||-£83,658||N||-£38,493||N||14/08/2020|
The above table is designed as an outline only and should be viewed in conjunction with the official Humphrey & Co Valuation. While Hampden Agencies Limited has taken all reasonable care in compiling the information it has provided, we accept no responsibility for the completeness or accuracy of that information or the way in which it has been taken into account in the preparation of the above table.
Hampden Agencies Limited accepts no liability for any loss, damage or expenses of any kind incurred by reference to decisions based on the above table.
The protection given by limiting the exposure to the investments in the LLV and other Lloyd’s assets is a key advantage of modern Lloyd’s.
Qualifying investments such as stocks and shares or bonds can be used to support the underwriting of a LLV thus potentially enabling returns from both the investments and from the underwriting. Bank guarantees are also eligible secured on a property portfolio or other personal assets.
Returns from underwriting at Lloyd’s have historically had a very low correlation with those from other asset classes.
Underwriting at Lloyd’s has the potential to make profits not solely from the results of syndicate underwriting, but also by way of capital gain on the acquisition and disposal of syndicate capacity.