22-03-2016 17:56 via insuranceinsider.com

Helios Underwriting beats 2013 profit forecast

Names-backed Lloyd's carrier Helios Underwriting closed its
2013 year of account ahead of its forecasted range, with profits of
14.1 percent of capacity.
Based on its 2013 stamp capacity of £28.7mn ($41.4mn), this
equates to a profit of £4mn.
The result was 0.61 points ahead of the top end of the previous
2013 profit forecast of between 7.76 percent and 13.49 percent of
capacity.
For the 2014 year of account, the syndicate increased its profit
forecast to between 4.96 percent...
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