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Lancashire Holdings Ltd (LRE.L)

LRE.L on London Stock Exchange

750.50GBp
24 Jan 2020
Change (% chg)

-2.50 (-0.33%)
Prev Close
753.00
Open
740.00
Day's High
755.00
Day's Low
740.00
Volume
271,114
Avg. Vol
317,810
52-wk High
796.50
52-wk Low
556.35

Latest Key Developments (Source: Significant Developments)

Lancashire Holdings Appoints New Group Chief Financial Officer
Thursday, 5 Dec 2019 

Dec 5 (Reuters) - Lancashire Holdings Ltd ::REG-LANCASHIRE HLD LTD: DIRECTORATE CHANGE - APPOINTMENT OF GROUP CFO.LANCASHIRE HOLDINGS LTD - NATALIE KERSHAW WILL BE APPOINTED AS NEW GROUP CHIEF FINANCIAL OFFICER..LANCASHIRE HOLDINGS LTD - KERSHAW'S APPOINTMENT FOLLOWS ELAINE WHELAN'S DECISION TO RETIRE FROM HER ROLES WITH GROUP, AS ANNOUNCED ON 24 MAY 2019..  Full Article

Lancashire 9 Month Gross Premiums Written Increased By 13.8%
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Lancashire Holdings Ltd ::Q3 2019 TRADING STATEMENT.9-MONTH NET LOSS ESTIMATES OF $33.2 MILLION FROM HURRICANE DORIAN AND TYPHOON FAXAI WITHIN EXPECTATIONS.9 MONTH GROSS PREMIUMS WRITTEN INCREASED BY 13.8% YEAR ON YEAR TO $578.0 MILLION.GROUP'S EXPOSURES TO RECENT CATASTROPHE LOSS EVENTS HAVE BEEN COMFORTABLY WITHIN OUR EXPECTATIONS.INTEND TO RETAIN ALL OF CURRENT CAPITAL IN ORDER TO BE ABLE TO TAKE FULL ADVANTAGE OF UNDERWRITING OPPORTUNITIES.IN LINE WITH OUR ACTIVE CAPITAL MANAGEMENT POLICY, WE ARE NOT DECLARING A SPECIAL DIVIDEND AT THIS POINT.DIVIDEND POLICY REMAINS UNCHANGED AND FULLY EXPECT TO PAY NORMAL FINAL DIVIDEND NEXT YEAR.IN PRELIMINARY STAGES OF ASSESSING IMPACT OF TYPHOON HAGIBIS, WHICH WILL BE REFLECTED IN FULL YEAR RESULTS FOR 2019.PROPERTY GROSS PREMIUMS WRITTEN INCREASED BY 19.0% FOR FIRST NINE MONTHS OF 2019 COMPARED TO SAME PERIOD IN 2018.IN LLOYD'S SEGMENT, GROSS PREMIUMS WRITTEN INCREASED BY 15.0% FOR FIRST NINE MONTHS OF 2019 COMPARED TO SAME PERIOD IN 2018.GROUP'S INVESTMENT PORTFOLIO TOTAL RETURN (INCLUDING INTERNAL CURRENCY HEDGING) WAS 4.1% DURING FIRST NINE MONTHS OF 2019.  Full Article

Lancashire Appoints CEO Of Lancashire Insurance Co Ltd
Thursday, 7 Nov 2019 

Nov 7 (Reuters) - Lancashire Holdings Ltd ::REG-LANCASHIRE HLD LTD: APPOINTMENT OF CEO OF LICL AND CUO AT LUK.LANCASHIRE HOLDINGS LTD - HAYLEY JOHNSTON WILL BECOME NEW CHIEF EXECUTIVE OFFICER OF LANCASHIRE INSURANCE COMPANY LIMITED.LANCASHIRE HOLDINGS LTD - HAYLEY WILL SUCCEED ELAINE WHELAN.LANCASHIRE HOLDINGS LTD - JAMES FLUDE WILL ASSUME ROLE OF CHIEF UNDERWRITING OFFICER AT LANCASHIRE INSURANCE COMPANY.  Full Article

Hurricane Dorian Devastation In Bahamas Could Cost $7 bln- KCC
Thursday, 5 Sep 2019 

Sept 5 (Reuters) - KCC: :PRELIMINARY ESTIMATE OF TOTAL (INSURED AND UNINSURED) LOSSES IN THE BAHAMAS FROM STORM DORIAN IS $7 BILLION.KCC- PRELIMINARY ESTIMATE INCLUDES BUILDING, CONTENTS, AND BUSINESS INTERRUPTION EXPOSURES FOR COMMERCIAL, RESIDENTIAL AND INDUSTRIAL PROPERTIES.  Full Article

Lancashire HY Gross Premiums Written Up 9.5% Compared To Same Period In 2018
Thursday, 25 Jul 2019 

July 25 (Reuters) - Lancashire Holdings Ltd ::LANCASHIRE HOLDINGS LTD - ULTIMATE NET LOSS ESTIMATES FOR 2018 AND 2017 CATASTROPHE EVENTS HAVE REMAINED LARGELY STABLE.LANCASHIRE HOLDINGS LTD - LOOKING AHEAD, RECENT EVIDENCE OF BETTER MARKET DISCIPLINE AND PRICING WILL TAKE TIME TO FEED THROUGH TO OUR BOTTOM LINE.LANCASHIRE HOLDINGS LTD - GROSS PREMIUMS WRITTEN INCREASED BY 9.5% IN FIRST SIX MONTHS OF 2019 COMPARED TO SAME PERIOD IN 2018.LANCASHIRE HOLDINGS LTD - S NET LOSS RATIO FOR FIRST SIX MONTHS OF 2019 WAS 34.5% COMPARED TO 15.1% FOR SAME PERIOD IN 2018.  Full Article

Lancashire Says CFO Elaine Whelan Plans To Retire From Her Roles & Group During Course Of 2020
Friday, 24 May 2019 

May 24 (Reuters) - Lancashire Holdings Ltd ::GROUP CFO'S RETIREMENT PLANS AND SUCCESSION PLANNING.ELAINE WHELAN, LANCASHIRE'S GROUP CHIEF FINANCIAL OFFICER PLANS TO RETIRE FROM HER ROLES AND GROUP DURING COURSE OF 2020..ELAINE WILL CONTINUE IN HER ROLE AS GROUP CFO THROUGHOUT 2019 AND 2019 FINANCIAL YEAR END PROCESS.WILL BE CONDUCTING A PROCESS TO IDENTIFY SUCCESSOR GROUP CFO.ELAINE WILL CONTINUE IN HER ROLE AS GROUP CFO THROUGHOUT 2019 AND 2019 FINANCIAL YEAR END PROCESS.  Full Article

Average Global Insurance Pricing Rose In Q4 For The First Time Since 2013- Marsh
Wednesday, 28 Feb 2018 

Feb 28 (Reuters) - Marsh:MARSH- AVERAGE GLOBAL INSURANCE PRICING INCREASED IN Q4 2017 FOR THE FIRST TIME SINCE Q1 2013.MARSH- PRICE RISE DRIVEN LARGELY BY GLOBAL PROPERTY INSURANCE PRICING, AFFECTED BY LARGE CATASTROPHE LOSSES IN Q3.MARSH- AVERAGE COMMERCIAL INSURANCE PRICING INCREASED BY 0.8% IN Q4 2017, COMPARED TO A DECREASE OF 1.9% IN Q3 2017.MARSH- GLOBALLY, PROPERTY INSURANCE PRICING INCREASED 3.2% IN Q4 2017, COMPARED TO A 2.4% DECREASE IN THE PREVIOUS QUARTER.MARSH- REGIONALLY, AVERAGE INSURANCE PRICING INCREASED IN THE UK, LATIN AMERICA AND AUSTRALIA IN Q4 2017.MARSH- US CYBER INSURANCE PRICING INCREASED FOR THE FIRST TIME IN Q4 2017 SINCE Q4 2016.MARSH- AVERAGE INSURANCE PRICING DECREASED IN THE US, CONTINENTAL EUROPE, AND ASIA.  Full Article

Lancashire Says Q4 Gross Premiums Written Decreased By 29.1%
Thursday, 15 Feb 2018 

Feb 15 (Reuters) - Lancashire Holdings Ltd ::FINAL DIVIDEND 0.10 USD PER SHARE.‍GROSS PREMIUMS WRITTEN DECREASED BY 29.1% IN Q4 OF 2017 COMPARED TO SAME PERIOD IN 2016​.NET PREMIUMS EARNED AS A PROPORTION OF NET PREMIUMS WRITTEN WAS 179.5% IN Q4 OF 2017 COMPARED TO 145.5% FOR SAME PERIOD IN 2016​.‍INTERIM DIVIDEND OF $0.05 PER COMMON SHARE​.‍DECLARED A FINAL DIVIDEND FOR 2017 OF $0.10 PER COMMON SHARE​.‍FULLY CONVERTED BOOK VALUE PER SHARE OF $5.48 AS AT 31 DECEMBER 2017​.EXPECT 2018 TO BE ANOTHER CHALLENGING YEAR FOR OUR INDUSTRY- CEO.  Full Article