Acquisition of Fyshe Underwriting LLP

RNS Number : 2869Z

Helios Underwriting Plc

30 August 2018

 

Helios Underwriting plc

("Helios" or the "Company")

Acquisition of Fyshe Underwriting LLP

Further to the Company's announcements made on 13 August 2018, Helios is pleased to announce competition of the acquisition of Fyshe Underwriting LLP ("Fyshe"), a limited liability member of Lloyd's, following approval on 29 August 2018 by Lloyds' of London of the change of control of Fyshe.

For further information please contact:

Helios Underwriting plc

Nigel Hanbury - Chief Executive                                                             020 7863 6655 / [e-mail]

Arthur Manners - Chief Financial Officer                                              07754 965 917

Stockdale Securities Limited

Robert Finlay                                                                                             020 7601 6100

David Coaten

About Helios

Helios provides a limited liability direct investment into the Lloyd's insurance market and is quoted on the London Stock Exchange's AIM market (ticker: HUW). Helios trades within the Lloyd's insurance market writing approximately £41m of capacity for the 2018 account. The portfolio provides a good spread of business being concentrated in property insurance and reinsurance. For further information please visit www.huwplc.com.

 

END

 

 

ACQMMGFRGGVGRZM