Lancashire Holdings Limited (LRE)

Sector:

Insurance

Index:

FTSE 250

600.00p
   
  • Change Today:
    -4.00p
  • 52 Week High: 701.00
  • 52 Week Low: 523.00
  • Currency: UK Pounds
  • Shares Issued: 244.01m
  • Volume: 983,190
  • Market Cap: £1,464.06m
  • RiskGrade: 167
  • Beta: 0.03

Lancashire Q1 written premiums rise; Reaffirms California fire costs

By Frank Prenesti

Date: Thursday 01 May 2025

LONDON (ShareCast) - (Sharecast News) - Specialist insurer Lancashire Holdings on Thursday reported higher first-quarter gross premiums written and insurance revenue and reaffirmed its exposure to the California wildfires.
GPW in the three months to March 31 increased 12.7% to $712.1m with an underlying increase, excluding the impact of reinstatement premiums, of 6.6%.

Insurance revenue increased 8.7% to $458.9m. Lancashire still estimates its aggregate net ultimate losses related to the January California wildfires to be $145m - $165m.

"In a challenging environment, the resilience of the business is clear, with our greater scale and diversification, across classes and geographies, giving us the ability to better withstand volatility and deliver consistently healthy returns for our shareholders," said chief executive Alex Maloney.

"Absent the wildfires the underlying performance of the business is strong. As we outlined in March, in a severe loss year with a similar level of catastrophe and large risk losses as 2024, as well as the California wildfires, we would still expect to deliver a return on equity in the mid-teens for 2025."

Reporting by Frank Prenesti for Sharecast.com

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

LRE Market Data

Currency UK Pounds
Share Price 600.00p
Change Today -4.00p
% Change -0.66 %
52 Week High 701.00
52 Week Low 523.00
Volume 983,190
Shares Issued 244.01m
Market Cap £1,464.06m
Beta 0.03
RiskGrade 167

LRE Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
99.01% above the market average99.01% above the market average99.01% above the market average99.01% above the market average99.01% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
11.22% below the market average11.22% below the market average11.22% below the market average11.22% below the market average11.22% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Income
96.73% above the market average96.73% above the market average96.73% above the market average96.73% above the market average96.73% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Growth
11.48% below the market average11.48% below the market average11.48% below the market average11.48% below the market average11.48% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average

What The Brokers Say

Strong Buy 6
Buy 4
Neutral 6
Sell 0
Strong Sell 0
Total 16
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

LRE Dividends

  Latest Previous
  Final Special
Ex-Div 15-May-25 13-Mar-25
Paid 13-Jun-25 11-Apr-25
Amount 15.00¢ 25.00¢

Trades for 28-May-2025

Time Volume / Share Price
16:35 64,641 @ 600.00p
16:35 1 @ 600.00p
16:35 545 @ 600.00p
16:35 546 @ 600.00p
16:35 45 @ 600.00p

LRE Key Personnel

CEO Alex Maloney
CFO Natalie Kershaw

Top of Page