Business
Quarterly Syndicate Forecasts and Capacity Update
Quarterly Syndicate Forecasts and Capacity Update.
About this update from Helios Underwriting Plc
[{"type":"text","content":"\n \nRNS Number : 4784Z Helios Underwriting Plc 15 March 2017 \n\n \n15th March 2017\n \nHelios Underwriting plc\n \n(\"Helios\" or the \"Company\")\n \nQuarterly Syndicate Mid Point Forecasts and Capacity Update\n \nHelios announces the final result for 2014 year of account and the current mid point forecasts for the 2015 years of account in respect of its portfolio of syndicate capacity based on 4th quarter 2016 results.\n \n \n\n\n\n\n \n\n\nYear of Account\n\n\n\n\n \n\n\n2014\n\n\n \n\n\n2015\n\n\n \n\n\n2016\n\n\n\n\n \n\n\n£m\n\n\n \n\n\n£m\n\n\n \n\n\n£m\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCapacity \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nPosition as at 28th November 2016\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRetained \n\n\n19.5\n\n\n \n\n\n15.1\n\n\n \n\n\n12.1\n\n\n\n\nReinsured\n\n\n14.9\n\n\n \n\n\n16.2\n\n\n \n\n\n20.6\n\n\n\n\n \n\n\n34.4\n\n\n \n\n\n31.3\n\n\n \n\n\n32.7\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCapacity acquired since 28th November 2016\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRetained \n\n\n1.1\n\n\n \n\n\n0.9\n\n\n \n\n\n1.0\n\n\n\n\nReinsured\n\n\n-\n\n\n \n\n\n-\n\n\n \n\n\n - \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nCapacity - Position as at 31st December 2016\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nRetained \n\n\n20.6\n\n\n \n\n\n16.0\n\n\n \n\n\n13.1\n\n\n\n\nReinsured\n\n\n14.9\n\n\n \n\n\n16.2\n\n\n \n\n\n20.6\n\n\n\n\n \n\n\n35.5\n\n\n \n\n\n32.2\n\n\n \n\n\n33.7\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nMid point forecast at 30th September 2016\n\n\n12.78%\n\n\n \n\n\n7.55%\n\n\n \n\n\n \n\n\n\n\nFinal result / current mid point forecast\n\n\n15.50%\n\n\n&nb...