Halden reportsOperations
Halden report · OperationsAre we writing on our own wordings?
Mostly: 93.4% of Halden's 5,275 policies in force use its standard wording unchanged, but 4 exceptions have no approval.
CoVi · Policy wordingsFictitious
Standard wording and exceptions
Halden's policy wordings, built by Context Visualised: each line's house wording, the share of policies on it unchanged, and its key clauses.
- 5,275Policies in force
- 93.4%On standard wording
- 16Wording exceptions12 approved · 4 not approved
- 4Exceptions not approved
- Sanctions (LMA3100)StandardCyber exclusion (LMA5400)1 not approved · 2 exceptionsHRP-26-0412 · Caldwell LogisticsCyber exclusion deleted at broker requestApproved · Wordings committee, 12 FebRisk IR-01.6HRP-26-0587 · Northgate RetailCyber exclusion deleted at broker requestNot approvedRisk IR-01.6Communicable disease (LMA5393)1 exceptionHRP-26-0233 · Arden HotelsExclusion amended to give back £1m sub-limitApproved · Wordings committee, 20 JanRisk IR-01.6War & terrorism exclusionStandardLaw & jurisdiction1 exceptionHRP-26-0640 · Meseta FoodsSpanish law and jurisdictionApproved · Underwriting committee, 15 Oct
- Sanctions (LMA3100)StandardCyber exclusion (LMA5400)StandardCommunicable disease (LMA5393)StandardWording version1 not approved · 1 exceptionBA-104 (all certificates) · Coverholder: Ridgeway UnderwritingStill issuing the superseded 2024 wording on 214 certificatesNot approvedRisk OR-06.1Law & jurisdictionStandard
- Sanctions (LMA3100)1 exceptionFronted portfolio · UAE fronting partnerLocal sanctions clause, narrower than LMA3100Approved · Compliance, 4 MarRisk OR-08.1Cyber exclusion (LMA5400)1 exceptionFronted portfolio · UAE fronting partnerLocal wording has no cyber exclusion; reinsurance agreement adds it back to backApproved · Wordings committee, 4 MarRisk IR-01.6Law & jurisdiction1 exceptionFronted portfolio · UAE fronting partnerOnshore UAE law, as required for local policiesApproved · Legal, 4 Mar
- Sanctions (LMA3100)StandardCyber exclusion1 exceptionHRE-26-0031 · Brennock EnergyCyber carve-back for physical damage, capped at £5mApproved · Wordings committee, 9 AprRisk IR-01.6War & terrorism exclusionStandard
- Sanctions (LMA3100)StandardCyber exclusionStandardSeveral liability noticeStandard
- Sanctions (LMA3100)StandardClaims-made trigger & retro date1 exceptionHRPI-26-0790 · Ashby Partners LLPRetroactive date removed (full prior acts)Approved · Underwriting committee, 12 NovRisk IR-02.1Law & jurisdictionStandard
- Sanctions (LMA3100)StandardInsured v insured exclusion2 exceptionsHRD-26-0144 · Vantor Tech IncCarve-back for whistleblower and derivative claimsApproved · Wordings committee, 18 MarHRD-26-0201 · Quayside HoldingsCarve-back for whistleblower and derivative claimsApproved · Wordings committee, 18 MarLaw & jurisdictionStandard
- Sanctions (LMA3100)StandardPunitive damages exclusion2 not approved · 3 exceptionsHRU-26-1088 · Lone Star HaulageExclusion deleted where state law permitsNot approvedRisk IR-01.3HRU-26-1112 · Gulfway FreightExclusion deleted where state law permitsNot approvedRisk IR-01.3HRU-26-1140 · Red Mesa TransportExclusion deleted where state law permitsApproved · Underwriting committee, 15 OctRisk IR-01.3Law & jurisdictionStandard
- Sanctions (LMA3100)StandardWar & state-backed attack exclusion1 exceptionHRC-26-0302 · Halcyon MediaOlder war exclusion wording kept at renewalApproved · Wordings committee, 12 FebRisk IR-03.2Infrastructure exclusionStandard
A tick means every policy uses the standard clause, and a number counts policies with an exception. Open a line to see what changed and who approved it; red marks exceptions nobody approved.
Source: policy administration system and wordings committee approvals at 30 Sep 2026; policies and insureds illustrative.
What it tells us
What it tells us this quarter
- 214
Coverholder Ridgeway Underwriting still issues a superseded 2024 wording on 214 certificates.
- 2
Two US trucking policies had their punitive damages exclusion deleted without approval.
- 120
All 120 MENA property policies sit on the fronting partner's local forms, with house clauses applied through the reinsurance agreement.
What we did
What we did about it
From Halden's action log.
- ACT-047
Approve or remove 4 unapproved wording exceptions
- Owner
- Head of Product
- Policy (approved by)
- Underwriting · Board
- Due
- 15 Oct 2026
- ACT-033
Move Ridgeway Underwriting onto the current wording
- Owner
- Head of Delegated Authority
- Policy (approved by)
- Delegated authority · Underwriting committee
- Due
- 30 Sep 2026 ⚠ overdue
Actions are listed under the policy they sit in. The action log does not record a deciding committee.
Sources
Where the numbers come from
Counts come from the policies in force on each line. Each exception carries its approver and date, or none.
- Board datapolicy administration system and wordings committee approvals at 30 Sep 2026; policies and insureds illustrative
Follow the data
Related reports
One email a month: "This month at Halden". Email address only.
Halden is fictitious. Its numbers are illustrative.