Lancashire Holdings (GB:LRE) has released an update.
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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.
For further insights into GB:LRE stock, check out TipRanks’ Stock Analysis page.
