Edition:
India

Lancashire Holdings Ltd (LRE.L)

LRE.L on London Stock Exchange

591.50GBp
8:58pm IST
Change (% chg)

3.50 (+0.60%)
Prev Close
588.00
Open
593.50
Day's High
593.50
Day's Low
585.50
Volume
158,345
Avg. Vol
640,740
52-wk High
768.50
52-wk Low
522.50

Latest Key Developments (Source: Significant Developments)

Lancashire Holdings' H1 Gross Premiums Written Rise 3 Pct
Thursday, 26 Jul 2018 

July 26 (Reuters) - Lancashire Holdings Ltd ::INTERIM DIVIDEND 0.05 USDPER SHARE.COMBINED RATIO OF 69.2% IN Q2 2018, 67.1% YEAR TO DATE.PRICING PEAKED AT JANUARY RENEWALS AND WE ARE NOW EXPERIENCING A DECLINE FROM THOSE LEVELS.OUR OUTLOOK FOR REST OF YEAR IS A CONTINUATION OF CURRENT TRENDS.Q2 RETURN ON EQUITY 2.9 PERCENT.FOR FIRST SIX MONTHS OF 2018, GROSS PREMIUMS WRITTEN INCREASED BY 3.0% COMPARED TO FIRST SIX MONTHS OF 2017.Q2 RETURN ON TANGIBLE EQUITY 3.4 PERCENT.H1 PRETAX PROFIT $74.9 MILLION VERSUS $66.7 MILLION.  Full Article

Lancashire Appoints Sally Williams As Non-Executive Director
Friday, 20 Jul 2018 

July 20 (Reuters) - Lancashire Holdings Ltd ::APPOINTMENT OF SALLY WILLIAMS AS A NON-EXECUTIVE DIRECTOR WHICH IS TO TAKE EFFECT IN EARLY 2019 ON A DATE TO BE CONFIRMED.  Full Article

Insurer Lancashire reports Q3 loss on natural catastrophe hits
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Lancashire Holdings Ltd :Q3 FULLY CONVERTED BOOK VALUE PER SHARE $‍5.53​ VERSUS $6.55 IN Q3 2016.Q3 GROSS PREMIUMS WRITTEN $‍143.0​ MILLION VERSUS $108.2 MILLION IN Q3 2016.NO SPECIAL DIVIDEND PER COMMON SHARE VERSUS $0.75 IN Q3 2016.Q3 LOSS BEFORE TAX $‍136.4​ MILLION VERSUS PROFIT OF $42.9 MILLION Q3 2016.LANCASHIRE- ‍LAST COUPLE OF MONTHS HAVE WITNESSED A SERIES OF DAMAGING HURRICANES IN CARIBBEAN, GULF OF MEXICO AND U.S. COASTAL REGIONS.Q3 COMBINED RATIO ‍213.3​ PERCENT VERSUS 73.8 PERCENT IN Q3 2016.‍LAST COUPLE OF MONTHS HAVE WITNESSED TWO SIGNIFICANT EARTHQUAKES IN MEXICO​.‍AT SUCH TIMES LANCASHIRE EXPECTS TO PAY LOSSES, AND THIS IS REFLECTED IN OUR RESULTS FOR Q3 AND YEAR TO DATE​.INDUSTRY HAS EXPERIENCED LOSSES OF MANY BILLIONS OF DOLLARS, WHICH WILL HAVE DEPLETED CAPITAL AND STRESSED BALANCE SHEETS​.‍OUR ESTIMATED NET LOSSES FALL COMFORTABLY WITHIN OUR EXPECTATIONS FOR SUCH CATASTROPHE EVENTS​.‍AFTER YEARS OF SOFT PRICING CONDITIONS WE ARE SEEING SOME EVIDENCE OF AN INCREASE IN PRICING, PARTICULARLY IN CATASTROPHE EXPOSED LINES​.‍HAVE RECORDED A NET LOSS ACROSS OUR THREE PLATFORMS FROM THESE EVENTS OF $165.0 MILLION​.EXPECT TO PUT ALL OF OUR CAPITAL TO WORK TO TAKE ADVANTAGE OF IMPROVING MARKET CONDITIONS, WE WILL CONTINUE TO PAY ORDINARY DIVIDEND​.  Full Article

Lancashire estimates losses from US, Mexico hurricanes at $106-$212 mln
Monday, 9 Oct 2017 

Oct 9 (Reuters) - Lancashire Holdings Ltd :‍Hurricanes Harvey, Irma and Maria and Mexican earthquakes - Lancashire group preliminary loss estimate​.‍Aggregate estimated net ultimate losses for these events is expected to be in a range of $106 million to $212 million​.‍This estimate falls well within company's modelled loss ranges for these types of catastrophe events.​.  Full Article