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6 March 2024Insurance

Lancashire shareholders to reap major reward as profits surge, GWP tops $1.9bn

Bermuda’s Lancashire Holdings is rewarding its shareholders with a hefty 50% dividend hike and an additional special dividend, effectively distributing the lion’s share of its 2023 profits. The generous payout follows an outstanding performance in 2023, marked by a 16.9% surge in gross premiums written.

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Lancashire capitalises on ‘significantly improved’ market for Q1 growth

27 April 2023 The company saw substantial rate increases in property-catastrophe treaty business.

Lancashire shakes up underwriting leadership, reveals new reinsurance CUO

22 June 2022 The re/insurer has made a host of changes in underwriting and across the wider business.

Lancashire sees limited war claims; eyes opportunity in ensuing hardening

29 April 2022 It suggests rates in many speciality lines will soar as a result of the conflict.

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