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Lancashire Re quarterly trading update

November 06, 2024

Lancashire Re quarterly trading update

Lancashire Holdings Limited published a trading update as at 30 September.

Key highlights (in our view) as follows:-

  • gross written premium +9% year on year to US$1.7bn
  • renewal premium index of +1% for reinsurance and +2% for insurance
  • special dividend of 75c per share
  • estimated net losses of 2024 contained at US$110m to US$140m
  • investment portfolio of US$3.2bn returning 5% to date

A full copy of the Trading Statement and Investors presentation available here

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