Lloyd’s of London insurers Lancashire Holdings plc and Novae Group plc may be the next in line for takeover offers after Brit plc became the second U.K. firm within weeks to be acquired. Lancashire, which gained access to the world’s …
LONDON (dpa-AFX) - Insurance company Lancashire Holdings Ltd. (LRE.L,
LCSHF.PK) reported Thursday that its second-quarter pre-tax profit declined to
$41.5 million from last year's $58.3 million.
Profit after tax attributable to Lancashire...
A.M. Best has affirmed the financial strength rating of A
(Excellent) and the issuer credit ratings (ICR) of “a” of Lancashire
Insurance Company Limited (Hamilton, Bermuda) and Lancashire
Insurance Company (UK) Limited...
LONDON (dpa-AFX) - Lancashire Holdings Ltd. (LRE.L) announced the
appointment of Paul Gregory as the Chief Executive Officer of its London
operation, Lancashire Insurance Company (UK) Ltd. or LUK and the promotion of
Hayley Johnston as Chief...
LONDON (dpa-AFX) - Insurance company Lancashire Holdings Ltd. (LRE.L)
Wednesday said its Chief Executive Officer and Founder Richard Brindle will be
retiring following the annual general meeting on April 30. The company has named
Alex Maloney as...
By New Capital:
(Editors' note: Lancashire Holdings trades on the London Exchange under the ticker LRE.L with over
£277M in average daily volume).
Lancashire Holdings (OTCPK:LCSHF) is a London-based niche insurance/reinsurance company with a...
Lancashire Holdings Ltd. fell the
most in three months after JPMorgan Chase & Co. cut its rating
on the Lloyds of London insurer for the first time in at least
three years, citing softening premium rates.
A.M. Best Co. has assigned a debt rating of “bbb” to $130 million 5.70 percent senior unsecured fixed interest notes due in 2022 of the recently filed offering by Bermuda-based Lancashire Holdings Limited. The net proceeds from the debt...
Bermuda-based Lancashire Holdings Limited has received approval from its shareholders to proceed with its previously announced plan to move its tax residence to the UK. The company, which operates subsidiaries in both Bermuda and the UK, announced...
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