- Insurance group Helios Underwriting said it had acquired Catbang 926, a limited liability member of Lloyd's of London, for £5.6m.

Catbang 926 participated in a spread of Lloyd's syndicates that broadly matchesdthe existing portfolio of Helios.

The company said the transaction would enable it to continue to build its participations on the better syndicates at Lloyd's.

The 2019 underwriting capacity of Catbang 926 was £4.1m.

At 9:43am: [LON:HUW] Helios Underwriting PLC share price was +1p at 132p

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