Helios releases profit forecasts
AIM-listed Names-backed Lloyd's carrier Helios Underwriting has
acquired additional capacity for its investors on the company's
2014 and 2015 underwriting portfolios.
In an announcement released today (7 June) Helios forecast a
9.22 percent or £3.17mn profit on £34.4mn ($49.6mn) of
capacity for the 2014 year of account.
The forecast is an incremental 0.29 percentage point improvement
from the 8.93 percent profit forecast issued on 1 January. It also
outperforms the Lloyd's market ave
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