Helios Underwriting PLC, the Lloyd’s investment vehicle, has upped its capacity for 2024 to £501 million, as the company takes advantage of new syndicate opportunities.
This 2024 capacity represents a 61% increase from 2023, where total capacity stood at £310 million.
According to the firm, the growth has been achieved through a combination of exercising pre-emption rights across the freehold portfolio, building a tenancy portfolio as well as new syndicate opportunities, some of which are set to commence in H1 2024.
