The consortium led by Capital A has acquired Hampden Insurance Group B.V., reinforcing Maas Lloyd's position in the Dutch insurance market and aligning with the long-term growth strategies of both HIG and its new investors.

Information on the Target

On December 9, a consortium of investors led by Capital A successfully acquired Hampden Insurance Group B.V. (HIG) from Hampden Holdings Ltd. Under HIG, Maas Lloyd operates as an insurance provider. This acquisition reinforces Maas Lloyd's position as a national insurer specializing in delegated authority and run-off services. Elbert-Jan Offereins, the CEO of HIG, stated, "The acquisition of HIG by the consortium aligns seamlessly with our long-term growth ambitions. By combining our strengths, we can enhance our operational effectiveness and better serve our clients now and in the future." Since its establishment in 1984, Maas Lloyd has now returned to Dutch ownership. The investors have united under Dutch Insurance Group B.V., securing full ownership of HIG. The name Hampden Insurance Group will be changed to Halcyon Insurance Group, which will continue to function as a holding company that encompasses Maas Lloyd.

Industry Overview in the Netherlands

The insurance industry in the Netherlands is characterized by its resilience and adaptability to new market demands. With a well-regulated framework overseen by the Dutch Central Bank (DNB), companies operate under stringent guidelines that ensure consumer protection and market stability. The demand for comprehensive insurance products remains strong, particularly in the commercial sector, as businesses seek to mitigate risks in a fluctuating economic landscape.

In recent years, the Dutch insurance market has seen a significant shift toward digital transformation, with a growing interest in insurtech solutions. Companies are increasingly investing in technology to streamli