Lancashire wrote off $25mn in the second quarter for industry loss warranty (ILW) payouts related to the Costa Concordia disaster as ILW losses also hit its retro sidecar Accordion, the company's results showed.
Lancashire wrote off $25mn in the second quarter for industry loss warranty (ILW) payouts related to the Costa Concordia disaster as ILW losses also hit its retro sidecar Accordion, the company's results showed.