Lancashire posts $78mn profit with 78.2% combined ratio

27 July 2022

Lancashire Holdings has increased its pre-tax profit to $78mn, compared with $54.1mn for the prior-year period, as the carrier benefited from strong performances in several of its newer classes of business, as well as lines of business where it has “longer standing” expertise.

The carrier also increased gross written premium (GWP) by 34.6% to $938.1mn, up from $697.2mn in H1 2021.

Combined ratio: The carrier’s combined ratio improved by 2.5

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