There are currently 2 Limited Liability Vehicles for sale.
|LLVs||2021 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||2019 Mid-Point Estimate||2019 Stop Loss||2020 Mid-Point Estimate||2020 Stop Loss||HASP Cover £||Deadline for Offers|
|£||As a % of PIL|
|Clifton 2011 Ltd||£1,558,333||45.2%||£550,849||35.3%||£526,146||£385,000||£1,029,577||£1,414,577||£(68,174)||N/A||£(26,747)||N/A||N/A||No Deadline|
|Toxotis Underwriting Ltd||£1,402,987||46.1%||£572,493||40.8%||£678,301||£135,468||£1,243,932||£1,379,400||£(52,916)||10% xs 7.5%||£(4,946)||N/A||N/A||No Deadline|
|Nomina No 510 LLP||£1,172,129||44.4%||£482,709||41.1%||£0||£722,843*||£582,841||1,192,892||£(14,578)||10% xs 10%||£(2,874)||N/A||£112,794||No Deadline|
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.