There are currently 9 Limited Liability Vehicles for sale.
|LLVs||2020 PIL||Gross ECA Capacity||Capacity Values||Funds at Lloyd's owned by LLVs||Funds at Lloyd's owned by vendor||Humphrey & Co Business Valuation for Offer||Potential Overall Investment||2017 Mid-Point Estimate||2017 Stop Loss||2018 Mid-Point Estimate||2018 Stop Loss||HASP Cover £||Sold|
|£||As a % of PIL|
|Nomina No 469 LLP||£648,116||52.1%||£325,667||50.2%||£24,580||£398,091||£267,823||£665,914||-£35,993||10% x/s 5%||-£28,292||10% x/s 5%||N|
|Nameco (No 31) Limited||£644,708||49.3%||£329,201||51.1%||£150,212||£250,000||£366,178||£616,178||-£47,629||N||-£16,023||N||N|
|Inshala No1. Ltd||£2,132,498||55.5%||£856,869||40.2%||£6,805||£1,987,388||£969,976||£2,957,463||-£110,197||N||-£111,376||N||N|
|Nameco (No 206) Limited||£372,860||46.7%||£190,652||51.1%||£134,137||£140,798||£303,242||£444,040||-£33,950||N||-£17,330||N||N|
|Nameco (No 356) Limited||£600,098||49.9%||£233,508||38.9%||£250,186||£0||£794,868||£794,868||-£45,367||10% x/s 5%||-£19,287||10% x/s 5%||£144,210|
|Nomina No 510 LLP||£1,042,437||47.7%||£459,966||44.1%||£2||£967,815||£478,718||£1,446,533||-£43,519||10% x/s 10%||-£33,339||10% x/s 10%||£157,524|
|Nameco (1275) Limited||£589,802||49.4%||£283,026||48.0%||£355,478||£0||£499,989||£499,989||-£27,767||N||-£27,497||N||N|
|Nameco (1079) Limited||£504,763||50.6%||£249,596||49.4%||£146,421||£188,988||£334,449||£523,437||-£22,463||N||-£19,902||10% x/s 7.5%||N|
|Nomina No 318 LLP||£1,244,384||55.1%||£477,018||38.3%||£0||£1,321,783||£314,022||£1,635,805||-£120,436||10% x/s 10%||-£62,330||10% x/s 10%||N|
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.
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.