Helios scrapes break-even in 2020 because of Covid-19
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Helios scrapes break-even in 2020 because of Covid-19

Rachel Dalton
28 May 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn

Lloyd’s capacity vehicle Helios said its 2020 pre-tax profit shrank to £336,000 ($475,585) from £2.43mn in 2019 due to “poor underwriting conditions” and the impact of Covid-19.

The business reported basic earnings per share of 159 pence, down from 2,564 pence in 2019, after a year in which it made five acquisitions for a total of £10mn, increasing its capacity by 31%.

Helios

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Login now

Topics

ResultsNews
rachel dalton/rachel dalton ii ils.png
Rachel Dalton
Lead Reporter
Contact
Gift this article