London-listed (re)insurer Lancashire has surprised the market by estimating net losses from Superstorm Sandy at an impressively low $40mn-$60mn - equivalent to only 3 percent of half-year net tangible assets.
London-listed (re)insurer Lancashire has surprised the market by estimating net losses from Superstorm Sandy at an impressively low $40mn-$60mn - equivalent to only 3 percent of half-year net tangible assets.