Building a high quality portfolio at Lloyd’s

Helios focus on the acquisition of quality syndicates, with seven leading syndicates providing 66% 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% higher than the Lloyd’s average.

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

Helios portfolio

Top seven holdings by Managing Agent (January 2021)
SyndicateManaging agentCapacity £MHelios portfolio % of total
510Tokio Marine Kiln Syndicated Ltd16.815
623Beazley Furlong Ltd1312
5886Blenheim/Asta Managing Agency1110
33Hiscox Syndicated Ltd8.78
2010Lancashire8.17
4242Beat/Asta Managing Agency87
609Atrium Underwriters6.86
Subtotal72.466
Other37.934
Total Helios portfolio110.3100.0

Capacity

Underwriting Year
201820192020
Capacity Position as at 1st Jan 202064.561.169.1
Retained26.622.120.7
Reinsured38.239.048.4
Capacity acquired during 2020
Retained9.89.210.1
Reinsured0.00.00.8
Capacity Position as at 1st Dec 2020
Retained36.131.330.9
Reinsured38.239.049.1
Total74.370.380
2021 Underwriting Year of Account
RetainedReinsuredTotal
Capacity Position as at 1st Jan 202158.751.5110.3
Capacity Position as at 1st Jan 202020.748.469.1
% Increase183760

Adjusted net asset value per share

(current estimate in pence)

Dividend for the year

(pence per share)

Continue reading