Helios acquires Lloyd’s of London’s North Breache Underwriting

LONDON, UK: Helios Underwriting has acquired North Breache Underwriting Limited, a limited liability member of Lloyd’s of London. The total consideration paid for North Breache was £3.9 million, of which £3.4 million was paid on completion in cash and £0.5 million has been satisfied by the issue of 304,878 new ordinary shares in Helios at…