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

Chart showing growth in retained capacity

Net Tangible Asset Value per Share

(current estimate in pence)

Helios portfolio

Top ten holdings by Managing Agent (September 2023)
SyndicateManaging agentCapacity £MHelios portfolio % of total
623Beazley28.99.3
510TMKS28.29.1
5886Blenheim (Asta)27.18.7
1729Dale (Asta)20.16.5
609Atrium18.45.9
5623Beazley17.75.7
218IQUW/ERS17.75.7
1985Flux16.95.4
33Hiscox15.34.9
1988CFC15.04.8
Subtotal205.366.1
Other105.533.9
Total Helios portfolio310.8100

Dividend for the year

(pence per share)

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