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Lancashire profits quadruple on lower claims

26 February 2010

Lancashire Holdings said Friday that net income for 2009 increased four-fold as the insurer experienced a low incidence of catastrophe-related claims.

Read more: Lancashire Richard Brindle profits net income combined ratio claims

Lancashire Holdings said Friday that net income for 2009 increased four-fold as the insurer experienced a low incidence of catastrophe-related claims.

Net income after tax increased to $385.4m from $97.5m in 2008. The insurer, which predominantly writes protection for US windstorm and Gulf...


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