Lancashire rises on $169mn capital return as Maloney says hard market 'here to stay'
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Lancashire rises on $169mn capital return as Maloney says hard market 'here to stay'

Lancashire logo with Alex Maloney 2022.jpg

Hard market conditions are likely to persist into 2024, according to Lancashire CEO Alex Maloney.

Speaking on an earnings call, Maloney said the “impact of interest rates and where investors can get risk-free returns hit our market and makes us confident to say this market is here to stay”.

He

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