UK's Helios Underwriting gains after positive annual outlook, growing returns
29/09/2026 09:26
BUZZ-UK's Helios Underwriting gains after positive annual outlook, growing returns ** Shares of Lloyd's investment vehicle Helios Underwriting HUW.L up 5% at 240 pence
** Helios says Lloyd's market continues to report strong performance and the outlook for 2026 remains positive
** Says will benefit from "its outstanding pipeline profits generated from its broad Lloyd's syndicate portfolio for an extended period"
** Co reports NAV total return of 17 pence per share, a 6.5% increase in the first half
** H1 pretax profit more than doubles to £11 million ($14.55 million) from £4.4 million a year earlier, Helios says
** Stock up ~16% YTD
($1 = £0.7559)
(Reporting by Neeshita Beura in Bengaluru)