Hampden Underwriting Plc
Hampden Underwriting plc ("Hampden Underwriting" or "the Company") has been incorporated primarily to provide a limited liability direct investment into the Lloyd's insurance market in the UK. The Directors believe that Hampden Underwriting offers the only opportunity currently available for investment in a quoted company whose principal purpose is to participate in a spread portfolio of Lloyd's syndicates rather than manage syndicates itself.
Hampden Underwriting's subsidiary underwriting vehicles, Hampden Corporate Member Limited, Nameco (No. 365) Limited, Nameco (No. 605) Limited, Nameco (No. 321) Limited, Nameco (No. 917) Limited, Nameco (No. 229) Limited, Nameco (No. 518) Limited, Nomina No 035 LLP and Nomina No 342 LLP trade within the Lloyd's insurance market as corporate members of Lloyd's writing £14.4 million of capacity for the 2013 account.
The portfolio provides a good spread of classes of business being concentrated in property insurance, reinsurance and motor business.
The Company's subsidiary underwriting vehicles are advised by Hampden Agencies Limited ("HAL"). HAL is the largest provider of third party capital to the Lloyd's market, with over £1.85 billion of capacity for the 2013 year of account, which the Directors believe gives it an influential voice in the Lloyd's market as a whole. Nomina plc ("Nomina") continues to provide administration and support services to the Group.
Hampden Underwriting was incorporated and registered in England and Wales on 1 August 2006 under the Companies Act with registration number 05892671.
This information is disclosed in accordance with Rule 26 of the AIM Rules and was last updated on 20.11.13.