15-03-2017 13:40 via insuranceinsider.com

Helios books £5.5mn profit for 2014 YoA

Aim-listed Lloyd's carrier Helios Underwriting has posted a
final return on capacity of 15.5 percent for the 2014 year of
account (YoA).
The result was 2.72 percentage points better than the firm's
most recent midpoint forecast, and translates to a profit of
approximately £5.5mn ($6.7mn) on total capacity of
£35.5mn.
Helios said the overall improvement on the result would be
received in cash when profits are distributed after the close of
the 2014 YoA.
For the 2015 YoA the firm...
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