Helios Underw Share News (HUW)

LONDON BROKER RATINGS: UBS cuts Barratt, Berkeley, lifts Taylor Wimpey

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and Friday:

TRADING UPDATES: 88 Energy expands Texas footprint with acquisitions

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

IN BRIEF: Helios Underwriting expects capacity fund value to rise

Helios Underwriting PLC - investment vehicle, which provides shareholders with participation in the Lloyd's insurance market - Says value of the capacity fund at December 31 is expected to be GBP82.4 million from GBP60.0 million a year earlier. Expects freehold capacity of GBP175.9 million versus GBP147.3 million. Now expects NAV per share to rise to 172 pence on December 31 from 154p on June 30.

Helios Underwriting shares rise after value update

(Sharecast News) - Lloyd's market investment vehicle Helios Underwriting updated the market on the value of its capacity portfolio on Wednesday, following the recent capacity auctions at Lloyd's.

Helios Underwriting announces share buyback, plans to up dividend

(Alliance News) - Helios Underwriting PLC on Tuesday announced plans to increase its dividend policy with help from its forecast profit stream, and to commence a new share buyback worth up to GBP1.5 million.

Helios Underwriting swings to profit and expects portfolio to shine

(Alliance News) - Helios Underwriting PLC on Thursday said it swung to a profit in the first half of 2023, as revenue increased, while it added it expects its portfolio to "thrive".

Helios Underwriting goes from "strength to strength" in second quarter

(Alliance News) - Helios Underwriting PLC on Wednesday said it had a strong second quarter thanks to an "outstanding" portfolio, with an increased net asset value and an anticipated rise in underwriting profit.

IN BRIEF: Helios Underwriting buys Park Farm in GBP3.2 million deal

Helios Underwriting PLC - London-based limited liability vehicles investment company - Buys Park Farm Underwriting Ltd for GBP3.2 million. Parks Farm is a limited liability vehicle, that provides a syndicate capacity of GBP2.3 million.

Director dealings: Ferguson non-exec invests, Helios Underwriting chair gets dividend alternative

(Sharecast News) - Ferguson was on the list of director buys on Friday, after a non-employee director picked up almost $65k worth of shares.

IN BRIEF: Helios Underwriting acquires underwriter for GBP2.0 million

Helios Underwriting PLC - London-based limited liability vehicles investment company - Acquires entire issued capital of Chorlton Underwriting Ltd for GBP2.0 million, including GBP200,000 via the issue of 123,457 shares at a price GBP1.62 per share. The rest is payable in cash. Helios Underwriting's issued share capital will comprise 77.5 million shares with voting rights and no restrictions following the acquisition.

Helios Underwriting acquires Chorlton in £2m deal

(Sharecast News) - Insurance and reinsurance specialist Helios Underwriting announced the successful acquisition of Chorlton Underwriting on Friday, aligning with its strategic plan to expand its underwriting capacity.

UK shareholder meetings calendar - next 7 days

IN BRIEF: Helios Underwriting Deputy Chair sells 200,000 shares

Helios Underwriting PLC - London-based limited liability vehicles investment company - Executive Deputy Chair Nigel Hanbury sells 200,000 shares at 170 pence each, worth GBP340,000, in London on Tuesday.

Director dealings: Greencoat UKW non-exec invests, Helios chair and wife save shares

(Sharecast News) - Greencoat UK Wind was at the top of the list of director buys on Monday, after a non-executive director purchased almost £0.15m worth of shares in three tranches.

IN BRIEF: Helios Underwriting mid-point forecast shows stronger market

Helios Underwriting PLC - London-based limited liability vehicles investment company - Reports the initial mid-point profit forecast for 2022 of 5.7% compares to 3.9% in 2021, a recognition of stronger market conditions. Says this, compounded by Helios' increased retained capacity results in the recognition of additional after tax underwriting profits to be earned of 20 pence per share in the future.