Helios Underwriting (HUW)

Sector:

Insurance

Index:

FTSE AIM All-Share

152.22p
   
  • Change Today:
    -2.78p
  • 52 Week High: 182.50
  • 52 Week Low: 115.00
  • Currency: UK Pounds
  • Shares Issued: 74.75m
  • Volume: 3,927
  • Market Cap: £113.78m

Helios acquires underwriting rival for £1.1m

By Frank Prenesti

Date: Friday 22 Jan 2016

LONDON (ShareCast) - (ShareCast News) - Helios Underwriting said it was buying Devon Underwriting, a limited liability member of Lloyd's for £1.1m in cash.
Helios said the deal was in line with its strategy of increasing underwriting capacity through acquisition.

The 2016 underwriting capacity of Devon is £1.2m, compared with with Helios' 2016 capacity of £28.1m prior to the acquisition.

Helios said it would provide around £0.7m in Lloyd's. Devon participates in a spread of Lloyd's syndicates broadly similar to Helios, it added.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

HUW Market Data

Currency UK Pounds
Share Price 152.22p
Change Today -2.78p
% Change -1.79 %
52 Week High 182.50
52 Week Low 115.00
Volume 3,927
Shares Issued 74.75m
Market Cap £113.78m

HUW Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
47.72% above the market average47.72% above the market average47.72% above the market average47.72% above the market average47.72% above the market average
40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average40.00% above the sector average
Price Trend
1.32% above the market average1.32% above the market average1.32% above the market average1.32% above the market average1.32% above the market average
60% below the sector average60% below the sector average60% below the sector average60% below the sector average60% below the sector average
Income
57.09% below the market average57.09% below the market average57.09% below the market average57.09% below the market average57.09% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
6.59% above the market average6.59% above the market average6.59% above the market average6.59% above the market average6.59% above the market average
Sector averageSector averageSector averageSector averageSector average

What The Brokers Say

Strong Buy 1
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 1
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

HUW Dividends

  Latest Previous
  Final Final
Ex-Div 08-Jun-23 23-Jun-22
Paid 14-Jul-23 18-Jul-22
Amount 3.00p 3.00p

Trades for 23-Apr-2024

Time Volume / Share Price
09:13 1,927 @ 155.00p
09:03 2,000 @ 155.00p

HUW Key Personnel

Finance Director Arthur Manners
CEO Martin Reith
Chair Michael Wade

Top of Page