Helios Underw Share News (HUW)

Helios Ups Underwriting Capacity Again

LONDON (Alliance News) - Helios Underwriting PLC Friday said it has further increased its underwriting capacity with the acquisition of Bernul Ltd, a limited liability member of Lloyd's of London, for GBP800,000. Bernul's 2014 underwriting capacity is GBP800,000. Prior to the acquisition, H

Helios Underwriting buys Bernul

Helios Underwriting has bought Bernul, a limited liability member of Lloyd's for 0.8m pounds in cash. The acquired assets include associated funds at Lloyd's to support its underwriting activities of £0.4m. Helios expects Bernul will be included in the company's collateralised quota share reinsura

DIRECTOR DEALINGS: Helios Underwriting Says Non-Executive Buys Shares

LONDON (Alliance News) - Helios Underwriting PLC Thursday said non-executive director Andrew Christie has bought 5,500 shares in the company at 158 pence each. The shares, which were bought on Wednesday, represent his entire holding in the company. The AIM-listed company enables inves

Hampden Underwriting To Change Name To Helios Underwriting

AIM IN BRIEF: Rangers FC Appoints Graham Wallace As CEO

Hampden Underwriting In New Acquisition To Boost Underwriting Capacity

Hampden Underwriting Increases Underwriting Capacity Through New Lloyd's Acquisitions

Hampden Underwriting Profits Increase On 42% Gross Premium Rise

Acquisitions round-up: Hampden Underwriting, Restore, LZYE Group

Hampden Underwriting, which provides investors with a limited liability direct investment into the Lloyd's insurance market, said it had completed the acquisition of insurance broker Nameco, having received the necessary regulatory approval. Application has been made for the 1.1m new ordinary shares

Hampden Underwriting delays divi after 'frustrating year'

Profits and net earned premiums at Hampden Underwriting declined after what its chairman called a "frustrating year", and because of a tough start to the current year, the board decided not to pay a dividend. The group, which provides investors with a limited liability direct investment into the Ll

Mulberry boss raises £5.5m from disposal

Godfrey Davis, the chairman and chief executive of Mulberry, has raised £5.5m from the sale of shares. Davis sold 650,000 shares at 850p each. Shares in fashion products designer Mulberry have risen by more than 500% in the past 12 months. This week, broker finnCap has substantially increased it

Broker tips: ICAP, Ocado, Lloyd's insurers

Inter-dealer broker ICAP is set to launch a new electronic platform for euro interest rate swaps (IRS) on 6 September, which suggests to ICAP fan Panmure Gordon that dealers are warming to the faceless alternative to telephonic transactions. "Significantly, the initiative has the liquidity support

Broker snap: Lloyd's syndicates watching 'hurricane Earl'

Hurricane season is underway and a 120 miles per hour category four hurricane, 'hurricane Earl', could hit land in North America later this year. For once, it looks as if the Gulf of Mexico will not be affected but a number of Lloyd's syndicates will be monitoring its progress for fear it will hit t

Small caps round-up: Minco, DQ Entertainment, Ark Therapeutics...

Shares in Minco surged after the mining firm reported 'excellent' drilling results at its Pallas Green zinc-lead exploration project in Limerick, Ireland. Minco said a hole at the project returned one of the highest zinc and lead assay values received to date. Animation group DQ Entertainment expe