November 21, 2017 / 7:20 AM / 9 months ago

BRIEF-Helios Underwriting ‍acquires Chapman Underwriting for 540,000 stg​

Nov 21 (Reuters) - Helios Underwriting Plc

* ‍has acquired Chapman underwriting limited (“Chapman”)​

* ‍has acquired Chapman underwriting limited (“Chapman”), a limited liability member of lloyd’s for a consideration of 540,000 pounds ($715,338.00) in cash​

* ‍2017 underwriting capacity of chapman is 670,000 pounds​

* ‍in year ended 31 december 2016, chapman made a profit before tax of 48,619 pounds on gross premiums written of 0.63 million pounds​ Source text for Eikon: Further company coverage: ($1 = 0.7549 pounds) (Reporting by Maiya Keidan)

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