02.05.2024 08:52:10 - dpa-AFX: Lancashire Q1 Gross Premiums Written Increases 7.8%
LONDON (dpa-AFX) - Lancashire Holdings Limited (LRE.L) reported that its
first quarter gross premiums written increased 7.8% year-on-year to $631.7
million. Insurance revenue increased by 24.6% year-on-year to $422 million.
The company reiterates its guidance for the 2024 financial year, anticipating an
undiscounted combined ratio in the mid-80% range and a return on equity of
approximately 20%, as measured by the change in diluted book value per share.
For more earnings news, earnings calendar, and earnings for stocks, visit
rttnews.com
Copyright(c) 2024 RTTNews.com. All Rights Reserved
Copyright RTT News/dpa-AFX