IN BRIEF: Helios Underwriting expects capacity fund value to rise

Wed, 08th Nov 2023 16:22

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.

Current stock price: 157.40 pence, up 2.9%

12-month change: up 0.6%

By Greg Rosenvinge, Alliance News senior reporter

Comments and questions to newsroom@alliancenews.com

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