Lancashire Holdings

Lancashire Holdings is a Bermuda-based insurance company operating in Bermuda and London. It is listed on the London Stock Exchange and is a constituent of the FTSE 250 Index.

Lancashire Holdings
TypePublic company
LSE: LRE
IndustryInsurance
Founded2005
HeadquartersHamilton, Bermuda
Key people
Peter Clarke (Chairman)[1]
Alex Maloney (CEO)
Revenue$492.1 million (2019)[2]
$141.3 million (2019)[2]
$117.9 million (2019)[2]
Websitewww.lancashiregroup.com

History

The Company was initially launched on the Alternative Investment Market in November 2005.[3] In February 2009 it secured a full listing on the London Stock Exchange.[4] It acquired Cathedral Capital in 2013, gaining access to the Lloyd's insurance market.[5]

Operations

The Company is focussed on property, energy, marine and aviation insurance. Unusually circa 85% of its business is primary insurance rather than re-insurance.[6]

References

  1. Company announcement, 18 February 2016
  2. "Annual Results 2019" (PDF). Lancashire Holdings. Retrieved 3 March 2020.
  3. "Lancashire Holdings Limited News (LRE) Share Prices, Charts, News, Financials, and More - Digital Look". digitallook.com. Retrieved 30 March 2015.
  4. "LANCASHIRE HOLDINGS LIMITED: Statement re Admission to the Official List". FinanzNachrichten.de. 16 February 2009. Retrieved 30 March 2015.
  5. Lancashire Completes Acquisition of Cathedral Capital Limited Archived 2013-12-26 at the Wayback Machine
  6. "The Manual of Ideas' Instablog - Seeking Alpha". seekingalpha.com. Retrieved 30 March 2015.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.