Hardy Underwriting Bermuda Limited (HDU) - Financial and Strategic
Analysis Review
Reference Code: GDFS25496FSA Publication Date: JUL 2010
1st Floor, Fitzwilliam House, 10 Phone Revenue
+44 20 76260382 183 (million GBP)
St Mary Axe
London, ENG Fax +44 20 72834677 Net Profit 17.42 (million GBP)
EC3A 8NA Website www.hardygroup.co.uk Employees 84
United Kingdom Exchange HDU [London Stock Exchange ] Industry Financial Services
Company Overview
Hardy Underwriting Bermuda Limited (Hardy) is a UK based company, engaged underwriting general insurance and reinsurance
business. Hardy acts as a managing agent and underwriter at Lloyd’s for syndicates 382. The company is engaged in
underwriting a wide range of insurance and reinsurance classes on a worldwide basis. It operates through four business
segments, namely: Marine and Aviation, Specialty Lines, Non-marine Property and Property Treaty. Hardy principally operates in
Bermuda and the UK. Hardy Underwriting Group plc was the management and ultimate holding company for the Hardy Group of
companies.
Key Executives SWOT Analysis
Name Title Hardy Underwriting Bermuda Limited, SWOT Analysis
Barbara Merry Chief Executive Officer Strengths Weaknesses
Jamie MacDiarmid Director
Combined Ratio Weak Financial Performance
Paul Bailie Managing Director, Bermuda
Adrian Walker Director, Underwriting Diversified Product Portfolio
David Mann Chairman
Source: Annual Report, Company Website, Primary and Secondary Research Opportunities Threats
GlobalData
Share Data Opportunity for Strategic Catastrophic Losses
Acquisitions
Hardy Underwriting Bermuda Limited Regulatory and Political Risk
Share Price (GBP) as on 21-Jul-2010 2.40 European Union Countries’
Economic Stimulus Plan
EPS (GBP)