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.
A shareholding in Helios enables an investor the unique opportunity of a stock exchange listed vehicle which has direct participation across a spread of Lloyd’s syndicates.
Michael Wade
Non-executive Chariman
Growth in retained capacity
£m
Net Tangible Asset Value per Share
(current estimate in pence)
Helios portfolio
Top ten holdings by Managing Agent (September 2023)
| Syndicate | Managing agent | Capacity £M | Helios portfolio % of total |
|---|---|---|---|
| 623 | Beazley | 28.9 | 9.3 |
| 510 | TMKS | 28.2 | 9.1 |
| 5886 | Blenheim (Asta) | 27.1 | 8.7 |
| 1729 | Dale (Asta) | 20.1 | 6.5 |
| 609 | Atrium | 18.4 | 5.9 |
| 5623 | Beazley | 17.7 | 5.7 |
| 218 | IQUW/ERS | 17.7 | 5.7 |
| 1985 | Flux | 16.9 | 5.4 |
| 33 | Hiscox | 15.3 | 4.9 |
| 1988 | CFC | 15.0 | 4.8 |
| Subtotal | 205.3 | 66.1 | |
| Other | 105.5 | 33.9 | |
| Total Helios portfolio | 310.8 | 100 | |