GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ICG-Longbow Senior Secured UK Prop Debt Inv Ltd (LSE:LBOW) » Definitions » Total Premiums Earned

ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Total Premiums Earned


View and export this data going back to 2013. Start your Free Trial

What is ICG-Longbow Senior Secured UK Prop Debt Inv Total Premiums Earned?

Total Premiums Earned only applies to insurance companies.


ICG-Longbow Senior Secured UK Prop Debt Inv Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.