Lancashire Holdings (GB:LRE) has released an update.
Lancashire Holdings Limited reported a robust first half of 2024, with a 26% surge in profits to $200.8 million and significant growth in gross premiums and insurance revenue. The company’s disciplined underwriting and capital allocation strategies have resulted in a strong combined ratio and positive investment returns, supported by a growing investment portfolio. The interim dividend has been set at 7.5 cents per common share, reflecting the firm’s confidence in its financial health and future performance.
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