22 April 2018

Search archive

Lancashire profits hold firm despite Q4 cat losses

16 February 2017

Lancashire's fourth quarter 2016 pre-tax profits remained steady at $50.9mn, compared with $50.2mn in the prior-year period, despite a number of mid-sized cats that drove up the carrier's combined ratio.

Profits after tax were marginally down, by 6 percent to $51.1mn in the fourth quarter, while gross written premiums were down only 2 percent, at $95.1mn, compared with Q4 2015.

The carrier's combined ratio deteriorated by 11.9 percentage points, to 79 percent, in the fourth quarter of 2016, while the...

If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership


Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.