Wed, 01st Sep 2010 11:49
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 moreLONDON (Alliance News) - Helios Underwriting PLC Friday said its pretax profit was largely flat in 2013 as increases in the company's revenues were offset by higher overall expenses. However, it proposed its first final dividend. The company, which provides a limited liability direct
Read moreLONDON (Alliance News) - Helios Underwriting PLC Friday said it has agreed to acquire Nomina No 372 LLP, a limited liability vehicle of Lloyd's of London's in a deal worth GBP500,0000. Lloyd's is a specialist insurance market providing insurance services in over 200 countries and territorie
Read moreLONDON (Alliance News) - Helios Underwriting PLC Friday said it has further increased its underwriting capacity with the acquisition of Bernul Ltd, a limited liability member of Lloyd's of London, for GBP800,000. Bernul's 2014 underwriting capacity is GBP800,000. Prior to the acquisition, H
Read moreHelios 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 moreLONDON (Alliance News) - Helios Underwriting PLC Thursday said non-executive director Andrew Christie has bought 5,500 shares in the company at 158 pence each. The shares, which were bought on Wednesday, represent his entire holding in the company. The AIM-listed company enables inves
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