login arrow-right chevron-right linkedin ellipsis close tick grid envelope phone info

Commutation - A reinsured and the reinsurer agrees to cancel one or a group of reinsurance contracts between them for a consideration.

Policy Buy-back - Similar to a commutation between a direct policyholder and the insurer.

Policy Exhaustion - When a maximum aggregated limit for all claims under a policy has been reached. We can help define an exit/commutation strategy with your counter partner in order to come to a satisfactorily solution for all parties.

Schemes of Arrangement - According to the legislation of the country where the portfolio of the entity is domiciled, the court may sanction the process to settle all claims for a defined portfolio of (re)insurance. This can be for example a so-called Part 7 transfer in the UK.

Hampden has successfully commuted liabilities with a large number of counterparties on behalf of third party clients and also on behalf of our own entities. We can help formulate a commutation and/or exit strategy, setting targets for the individual transactions, analysing the underlying exposures and contracts, research the accounting position and finally negotiate a settlement with the relevant counterparty.

Legal consequences All these possibilities have legal and regulatory consequences and complications. We can assist you with these matters to make the operation a success.

Get in touch

Please fill in the form with your details and the nature of your enquiry.

Alternatively, call us directly at the number below. We look forward to hearing from you.

Find us

Hampden Insurance Group B.V.
's-Gravenweg 431
3065 SC Rotterdam
The Netherlands

Reg No Chamber of Commerce
Rotterdam: 24 36 97 82
VAT Nr: 81 37 69 073

+31 (0) 10 212 1000

Thank you. Your message has been sent to the relevant department.

Please enter your phone number.