Lancashire Holdings Limited (LRE.L) reported that its first quarter gross premiums written increased 7.8% year-on-year to $631.7 million. Insurance revenue increased by 24.6% year-on-year to $422 million.
The company reiterates its guidance for the 2024 financial year, anticipating an undiscounted combined ratio in the mid-80% range and a return on equity of approximately 20%, as measured by the change in diluted book value per share.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.