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Lancashire recovers after fall

London-listed carrier Lancashire recovered by 6.21 percent last week, after its share price fell to a three-year low of 611p on 23 May.

This came weeks after the (re)insurer announced a fairly solid first quarter performance, as well as the unexpected retirement of founding CEO Richard Brindle.

The company's stock has plummeted by around 30 percent since March 2013, particularly after it announced the £266mn purchase of Lloyd's insurer Cathedral last August, which marked a significant shift in strategy.

Italian insurance giant Generali and UK motor insurer Admiral also made solid gains during the week, with their shares climbing by 5.92 percent and 5.27 percent respectively.

Meanwhile, AmTrust's share price dropped by 5.51 percent last week after hitting an all-time high in the week before. Shares in the firm have continued to fall today, following a critical article on the company in the financial magazine Barron's.

Stocks also dwindled by 3.24 percent at sister company Maiden Holdings, while shares in ailing US insurer Tower Group ticked down by 3.15 percent.

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