A (re)insurance enterprise can be terminated when all past and future liabilities regarding a (dis)continued portfolio have been transferred to Hampden. This can be done by a share transaction and/or portfolio transfer.
In case of a share transaction the entity will be acquired by Hampden and the locked up capital will be released via the selling price. The insurer is in most of the cases already in run-off but this could also part of the transaction.
In case of a run-off portfolio transfer the locked up capital can be reduced to the extent of that specific portfolio after the transfer to Hampden.
Hampden is experienced in all types of finality solutions and offers a tailor-made approach for every client. We are interested in purchasing non-life companies and/or portfolios of any kind.