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Lancashire gets positive outlook
Bermuda-based Lancashire Insurance Company has become the first of the so-called "class of 2005" start-ups to be granted a positive outlook rating by AM Best.
The rating agency - which gave Lancashire an A- (Excellent) rating when it was launched in late 2005 - said the change reflects its expectation that the group will continue to experience "favourable" long-term operating results and maintain "excellent risk-adjusted capitalisation" levels.
London Stock Exchange-listed Lancashire's strong risk management framework has delivered excellent underwriting results,...
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