Limited Liability Vehicles for Sale

LLVs table

Corporate Member	PIL 2023	Capacity Value (note 2)	2021 Account Mid Point Estimate (note 3)	2022 Account Mid Point Estimate (note 3)	Funds at Lloyd's Required (note 4)	Humphrey Valuation (note 1)	Deadline (note 5)	Discretion to accept bids before the deadline
Waymill Underwriting Ltd - Updated	1,149,673	538,723	47,768	55,636	631,170	1,176,762	N/A	N/A
New Springstead & Co Ltd	900,001	370,599	36,018	47,753	433,800	908,195	N/A	N/A
New Nomina No 351 LLP	989,514	418,344	29,166	48,147	475,956	489,144	N/A	N/A
New Nameco (No. 952) Ltd	800,000	343,584	46,920	62,086	552,000	704,520	N/A	N/A
New Nameco (No. 517) Ltd	791,561	332,605	16,530	31,285	395,780	950,168	N/A	N/A

NOTES:

1. Humphrey & Co Chartered Accountants have prepared a valuation with an aim to provide an estimated market value of the financial interest in the Corporate Member.

2. The Capacity is valued at the average weighted prices achieved in Auctions 1-3 of the 2022 auctions.

3. These amounts are based upon the mid-point estimates of the range of syndicate quarterly forecasts received from Managing Agents, the dates of which may vary from valuation to valuation.

4. The amount shown as Funds at Lloyd’s (FAL) required is based on the latest Lloyd's Quarterly Corridor Test position excluding any Solvency credit/debit. Depending upon the assets comprising the FAL, their value may be subject to fluctuation subsequent to the actual valuation date used in the Humphrey valuation. It may be necessary to replace the existing level of FAL where the FAL deposited is greater than the CIL amount required under the latest Test.

5. This is the date that the vendor has specified for bids to be received.

Search form

LLVs table

Who to Contact