Company Performance Metrics
Helios Underwriting PLC provides access to a limited liability direct investment into the Lloyd's insurance market through listed securities.
The strategy of building a portfolio of underwriting capacity at Lloyd’s has continued through the purchase of further corporate members. There remains a steady flow of vehicles for sale as existing
owners wish to cease underwriting due to a change of circumstances. This acquisition strategy has increased the portfolio from £13m at the start of the 2013 underwriting year to £36.3m currently. Since 1 January 2015 over £14m of capacity has been acquired. We remain selective on the purchases and have encountered increasing competition from other potential purchasers. There remains a risk to the implementation of our strategy if suitable vehicles are not available at attractive prices.
