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Helios Underwriting Plc (LON:HUW) to Issue Dividend of GBX 3

Helios Underwriting Plc (LON:HUW – Get Rating) announced a dividend on Friday, May 27th, Upcoming.Co.Uk reports. Shareholders of record on Thursday, June 23rd will be given a dividend of GBX 3 ($0.04) per share on Monday, July 18th. This represents a dividend yield of 1.73%. The ex-dividend date is Thursday, June 23rd. The official announcement […] ....

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Helios Underwriting's (HUW) House Stock Rating Reaffirmed at Shore Capital

Helios Underwriting (LON:HUW – Get Rating)‘s stock had its “house stock” rating reaffirmed by Shore Capital in a report released on Tuesday, Digital Look reports. HUW stock opened at GBX 177 ($2.23) on Tuesday. Helios Underwriting has a one year low of GBX 140 ($1.76) and a one year high of GBX 200 ($2.52). The […] ....

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Shore Capital Reiterates House Stock Rating for Helios Underwriting (LON:HUW)

Shore Capital reiterated their house stock rating on shares of Helios Underwriting (LON:HUW – Get Rating) in a research report sent to investors on Friday, Marketbeat Ratings reports. LON:HUW opened at GBX 157.50 ($2.07) on Friday. The firm has a market cap of £108.50 million and a price-to-earnings ratio of -32.81. The company has a […] ....

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Helios Underwriting profit slumps amid poor underwriting conditions, pandemic impact | 28 May 2021


28 May 2021 | 08:10am
StockMarketWire.com - Underwriting group Helios Underwriting reported a slump in annual profit as performance was hurt by poor underwriting conditions and the impact of Covid-19.
For the year ended 31 December 2020, pre-tax profit was fell to £301,00 from £4.1 million year-on-year, while total other income tose to £2.9 million from £2.6 million.
Capacity of the portfolio increased by 60% to £110 million from £69 million last year.
The company recommended total dividend for 2020 of 3.0p per share.
Looking ahead, the strong upward momentum in premium rates on renewal business is expected to continue and should continue to enhance the underwriting performance in 2021 and 2022, the company said. ....

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