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BRIEF-Insurer Lancashire to pay $173 mln special div
November 8, 2012 / 8:27 AM / 5 years ago

BRIEF-Insurer Lancashire to pay $173 mln special div

LONDON, Nov 8 (Reuters) - Lancashire Holdings Ltd : * Q3 profit before tax $78 million versus $79ln * Combined ratio of 48.9% in Q3 2012, 61.1% year to date * Special dividend and equivalents of $173 million * Third quarter return on equity of 5.7%, * Combined ratio for the quarter of 48.9% * Market outlook in our lines of business is stable * Premium rates will come under pressure for the January renewals * Total capital return since inception to $1.5 billion

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