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Lancashire Holdings

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Lancashire Holdings
Company typePublic company
LSELRE
IndustryInsurance
Founded2005
HeadquartersHamilton, Bermuda
Key people
Martin Thomas (Chairman)
(Peter Clarke, chairman from 4 May 2016)[1]
Alex Maloney (CEO)
Revenue$614.4 million (2015)[2]
$190.1 million (2015)[2]
$181.7 million (2015)[2]
Websitewww.lancashiregroup.com

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.

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. ^ a b c "Annual Report 2015". Lancashire Holdings. Retrieved 9 April 2016.
  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
  6. ^ "The Manual of Ideas' Instablog - Seeking Alpha". seekingalpha.com. Retrieved 30 March 2015.