Helios upgrades profit forecasts

AIM-listed Names-backed Lloyd's carrier Helios Underwriting
has upgraded its profit forecasts for the 2014 and 2015 years of
account.
The forecasts, released today, revealed a 2.09 percentage point
increase in projected profits for 2014 to 11.31 percent of
capacity, while the 2015 estimate ticked up 24 basis points to 7.22
percent.
This equates to profits of £3.9mn ($5.2mn) and £2.3mn
for the respective accounting years.
Both figures represent an outperformance of the Lloyd's
market