Building a high quality portfolio at Lloyd’s

Helios focus on supporting the better managed syndicates, with seven leading syndicates providing 54% of our current portfolio.

The underwriting results of the Helios portfolio have consistently outperformed the Lloyd’s market average, with the average return being 5.4% higher than the Lloyd’s average (last seven closed years).

These incremental returns demonstrate the diversity and the breadth of underwriting expertise within the businesses comprising the portfolio of syndicate capacity.

The Helios Board benefits from deep familiarity and long-standing relationships within Lloyd’s.
Michael Cunningham
Non-executive Chariman

Capacity by Underwriting Year

£m

Chart showing Capacity by Underwriting Year

Net Tangible Asset Value per Share

(current estimate in pence)

Helios portfolio

Top ten holdings by Managing Agent (January 2023)
SyndicateManaging agentCapacity £MHelios portfolio % of total
623Beazley27.59.3
510TMKS27.19.1
5886Blenheim (Asta)26.89.0
1729Dale (Asta)20.06.7
5623Beazley17.65.9
218ERS17.65.9
1985Flux16.95.7
609Atrium17.15.8
1988CFC15.05.1
33Hiscox14.44.9
Subtotal20067.4
Other96.732.6
Total Helios portfolio296.7100

Dividend for the year

(pence per share)

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