Building a high quality portfolio at Lloyd’s
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
Net Tangible Asset Value per Share
(current estimate in pence)
Helios portfolio
Top ten holdings by Managing Agent (January 2024)
| Syndicate | Managing agent | Capacity £M | Helios portfolio % of total |
|---|---|---|---|
| 623 | Beazley | 32.7 | 6.53 |
| 5886 | Blenheim | 30.8 | 6.15 |
| 510 | TMK | 30.3 | 6.05 |
| 5623 | Beazley | 27 | 5.39 |
| 1969 | Apollo | 25.5 | 5.09 |
| 1729 | Dale | 25.1 | 5.01 |
| 1971 | Apollo-Ibott | 25 | 4.99 |
| 1985 | Flux | 20 | 3.99 |
| 2358 | Nephila | 20 | 3.99 |
| 1955 | Arch | 20 | 3.99 |
| Subtotal | 256.4 | 51.18 | |
| Other | 244.6 | 48.82 | |
| Total Helios portfolio | 501 | 100 | |
