Helios Underwriting (GB:HUW) has released an update.
Helios Underwriting, leveraging favorable Lloyd’s market conditions, reports a significant increase in gross written premiums by 45% to £230m, with a steady operating profit rise to £6.5m for the first half of 2024. The company’s portfolio expansion has led to a 62% increase in retained capacity, promising future contributions to underwriting results. Amidst this growth, Helios remains confident in delivering attractive shareholder returns with a strong underwriting discipline and sustainable price increases.
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