IN BRIEF: Helios Underwriting expects capacity fund value to rise

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Helios Underwriting PLC - investment vehicle, which provides shareholders with participation in the Lloyd’s insurance market - Says value of the capacity fund at December 31 is expected to be £82.4 million from £60.0 million a year earlier. Expects freehold capacity of £175.9 million versus £147.3 million. Now expects NAV per share to rise to 172 pence on December 31 from 154p on June 30.

Current stock price: 157.40 pence, up 2.9%

12-month change: up 0.6%

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