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Hampden Group

News

April 20, 2021

Updates - Ever Given: SCA seeks around US$1bn compensation by holding ship

Ever Given updates: SMIT Salvage a subsidiary of Boskalis provides interesting detail in their Press Release of the successful re-floating of the Ever Given and separately, after previous reports of SCA seeing around US$1bn in compensation, news on Reuters and gCaptain.com reports that Ever Given is being held by the SCA. UK P&I Club issues statement of disappointment at SCA action.

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April 20, 2021

Updated - 2021 North Atlantic hurricane forecasts

Atlantic hurricane forecasts published have suggested that this year will see an above average season

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April 20, 2021

Q1 2021 Marketscout Barometer illustrates US property and casualty business holding high

The Marketscout Barometer continues to show US property and casualty rates as holding at elevated levels

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April 20, 2021

Hampden Newsletter - 30 March 2021

The Q1 Hampden Agencies Newsletter containing up to date industry news, market opinion, Lloyd's timetable, etc., was recently emailed to clients. Any client seeking a hard copy should kindly contact their Private Client Director.

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April 20, 2021

2020 Syndicate Reports and Accounts

Please find provided a link to a listing of Syndicates' 2020 Reports and Accounts

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April 20, 2021

Willis Re update on 1 April renewals

Willis Re's first review of renewals in 2021 "The perils of Unmodeled" reported that loss-affected areas such as Japan and US saw rate increases and overall the renewals at 1.4.2021 followed the trends set at 1.1.2021.

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April 20, 2021

Ever Given update: Lloyd's Chairman quoted by Reuters and separate investigations into grounding of Ever Given commence

As shipping recommences through the Suez Canal, according to news on gcaptain.com investigations into the causes for the Ever Given's grounding have started.

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April 20, 2021

Lloyd's 2020 results and updated Covid-19 estimates released today

Lloyd's announced the market's 2020 year results and latest estimates for Covid-19 claims: gross £6.2bn, net £3.4bn. The market's underlying performance improved with continuing remediation of business underwritten leading to lower income and an underwriting profit of £0.8bn in 2020.

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April 20, 2021

Containership Ever Given

The containership Ever Given which had blocked the Suez Canal since 23 March, has been partially refloated according to the Suez Canal Authority, thanks to intense salvage operations involving eight tugs, diggers and a suction dredger. Worst case loss fears have therefore abated .

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April 20, 2021

Table of 2018 Account results and 2019 forecasts received (updated 8 March)

Table of 2018 Account results and 2019 forecasts received (updated 8 March)

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April 20, 2021

Hamilton Syndicate 2014 result for 2018 and updated 2019 Account forecast

Hamilton has announced the result for Syndicate 2014 which in November 2019 was placed into run-off

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April 20, 2021

Hiscox Ltd 2020 year results

Hiscox Ltd's 2020 results for the Group show US$4bn of gross written premiums and strong rates momentum. Hiscox London Market division was "the star performer" seeing strong rate increases of 20% in property.

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