Hampden Underwriting buys smaller rival
Hampden Underwriting, the Lloyd's investment vehicle, said that it has bought a corporate member of Lloyd's for £500,000 in cash.
In the deal Hampden will buy the corporate member - called 'Nameco' - which has an underwriting capacity of £2.5m. Hampden's underwriting capacity was £5.4m in 2008.
In the year ended 31 December 2007
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