Helios Underwriting buys Lloyd's of London member Catbang
13th Dec 2019 08:37
(Sharecast News) - Insurance investor Helios Underwriting has acquired Catbang 926, a limited liability member of Lloyd's of London.
Read moreHelios Underwriting operating profit rises amid 'exciting' market conditions
27th Sep 2019 09:51
(Sharecast News) - Lloyd's insurance market investment provider Helios Underwriting reported an operating profit before goodwill and impairment of £0.75m in first half on Friday, rising from £0.15m at the same time last year.
Read moreHelios Underwriting acquires limited liability member of Lloyd's of London
26th Sep 2018 11:13
(Sharecast News) - Helios Underwriting has acquired Nomina No 505, a limited liability member of Lloyd's of London, for a total cash consideration of £318,359.
Read moreHelios nets Lloyd's insurer Fyshe Underwriting
13th Aug 2018 11:07
(Sharecast News) - Lloyds insurer Helios Underwriting has conditionally agreed to acquire fellow member Fyshe Underwriting for £68,630.
Read moreHelios Underwriting buys Salviscount LLP for £0.8m
5th Dec 2016 08:12
(ShareCast News) - Helios Underwriting said it had bought Salviscount Limited Liability Partnership, a limited liability member of Lloyd's, for £0.8m in cash. AIM-listed Helios said it was seeking to increase its underwriting capacity and expected to retain Salviscount's own capacity of £1m. "Salvi
Read moreHelios Underwriting's profit rises as it plans further acquisitions
30th Sep 2016 09:23
(ShareCast News) - AIM-listed Helios Underwriting, a constituent of the Lloyd's insurance market, reported a rise in profit as it plans to raise about £8.2m from a share placing and open offer to make further acquisitions. For the six months ended June, operating profits have increased to £605,000 f
Read moreHelios acquires underwriting rival for £1.1m
22nd Jan 2016 09:02
(ShareCast News) - Helios Underwriting said it was buying Devon Underwriting, a limited liability member of Lloyd's for £1.1m in cash. Helios said the deal was in line with its strategy of increasing underwriting capacity through acquisition. The 2016 underwriting capacity of Devon is £1.2m, compar
Read moreSector movers: RSA drags non-life insurers lower as results underwhelm
26th Feb 2015 15:14
Underwhelming results from RSA were weighing down on the non-life insurance sector on Thursday despite the FTSE 100 company swinging to a profit and recommencing its dividend payment. RSA, the third-largest insurer in the UK, reported a pre-tax profit of £275m for 2014, compared with a £244m loss th
Read moreHelios Underwriting acquires Dumasco
9th Jul 2014 10:01
Insurance group Helios Underwriting is set to acquire Dumasco, a limited liability member of Lloyd's (LLV) for £2.5m in cash. The acquisition is in line with the firm's strategy of increasing underwriting capacity through "acquiring corporate members as suitable opportunities arise". The underwri
Read moreHelios Underwriting buys Bernul
28th Mar 2014 07:41
Helios Underwriting has bought Bernul, a limited liability member of Lloyd's for 0.8m pounds in cash. The acquired assets include associated funds at Lloyd's to support its underwriting activities of £0.4m. Helios expects Bernul will be included in the company's collateralised quota share reinsura
Read moreAcquisitions round-up: Hampden Underwriting, Restore, LZYE Group
2nd Oct 2012 11:15
Hampden Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, said it had completed the acquisition of insurance broker Nameco, having received the necessary regulatory approval. Application has been made for the 1.1m new ordinary shares
Read moreHampden Underwriting delays divi after 'frustrating year'
23rd May 2011 15:08
Profits and net earned premiums at Hampden Underwriting declined after what its chairman called a "frustrating year", and because of a tough start to the current year, the board decided not to pay a dividend. The group, which provides investors with a limited liability direct investment into the Ll
Read moreMulberry boss raises £5.5m from disposal
10th Dec 2010 16:22
Godfrey Davis, the chairman and chief executive of Mulberry, has raised £5.5m from the sale of shares. Davis sold 650,000 shares at 850p each. Shares in fashion products designer Mulberry have risen by more than 500% in the past 12 months. This week, broker finnCap has substantially increased it
Read moreBroker tips: ICAP, Ocado, Lloyd's insurers
1st Sep 2010 13:15
Inter-dealer broker ICAP is set to launch a new electronic platform for euro interest rate swaps (IRS) on 6 September, which suggests to ICAP fan Panmure Gordon that dealers are warming to the faceless alternative to telephonic transactions. "Significantly, the initiative has the liquidity support
Read moreBroker snap: Lloyd's syndicates watching 'hurricane Earl'
1st Sep 2010 11:49
Hurricane season is underway and a 120 miles per hour category four hurricane, 'hurricane Earl', could hit land in North America later this year. For once, it looks as if the Gulf of Mexico will not be affected but a number of Lloyd's syndicates will be monitoring its progress for fear it will hit t
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