Lancashire’s exposure to Ukraine conflict ‘manageable’: Jefferies
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Lancashire’s exposure to Ukraine conflict ‘manageable’: Jefferies

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Lancashire has direct exposure to Ukraine through aviation, marine and political risk lines, according to a Jefferies report that said the carrier will likely incur “immaterial losses” from the conflict in its aviation war business.

Aviation war accounts for roughly 2% of Lancashire’s group premiums, the report stated, while total aviation business contributes 14% to the insurer’s gross written premiums.

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