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Daily Digest: Helios raises £12.5m, Liberty Mutual explores European sale, Beazley shares continue climbing

Insurance Day

Daily Digest: Helios raises £12.5m, Liberty Mutual explores European sale, Beazley shares continue climbing

Catch up on the essential news and analysis from the Insurance Day experts

Helios raises £12.5m in share placing Helios Underwriting has raised £12.5m in equity to support growth as market conditions continue to improve. The Lloyd’s acquisition vehicle has raised £12.2m from investors and approximately £300,000 from its chairman in a placing of new ordinary shares. Crispin Odey’s Odey Asset Management was a cornerstone investor in the placing.

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