Helios' retained underwriting capacity grows by 34%

U.K.-based Helios Underwriting PLC said that its retained underwriting capacity grew by 34% year-on-year £238 million ($293.7 million) in 2022, despite reporting a total comprehensive loss of £1.3 million, Reinsurance News reported. The Lloyd’s of London insurer’s gross written premiums grew by 131% to £244 million, reflecting the increase in the capacity portfolio.