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Lancashire Holdings Limited (LRE.L)

LSE - LSE Delayed Price. Currency in GBp
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637.50-15.00 (-2.30%)
As of 10:40AM BST. Market open.
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Previous Close652.50
Open644.00
Bid637.50 x 15600
Ask638.00 x 73800
Day's Range629.50 - 644.00
52 Week Range608.00 - 775.00
Volume113,739
Avg. Volume301,148
Market Cap1.23B
Beta0.58
PE Ratio (TTM)7.97
EPS (TTM)N/A
Earnings DateN/A
Dividend & Yield0.00 (0.00%)
Ex-Dividend Date2016-11-17
1y Target EstN/A
  • Reuters20 days ago

    Insurer Lancashire expects limited claims payout from Harvey

    Property and casualty insurer and reinsurer Lancashire Holdings is only exposed to the first $40 million of claims in its main Bermuda property reinsurance account and does not expect to pay out huge amounts from Tropical Storm Harvey, its head of investor relations said. Lancashire, which writes policies for heavy-duty assets such as oil rigs, ships and aircrafts, said its exposure in Texas was that of a windstorm account, which excludes floods - the biggest cause of damage in the state. The company will only have to bear losses of up to $40 million before its retrocession cover - when a reinsurance company has other reinsurers underwrite part of its insurance risk - kicks in.

  • Reuters21 days ago

    Insurer Lancashire expects limited claims payout from Harvey

    Property and casualty insurer and reinsurer Lancashire Holdings is not exposed to the first $40 million of windstorm reinsurance claims and does not expect to pay out huge amounts from Tropical Storm Harvey, its head of investor relations said. Lancashire, which writes policies for heavy-duty assets such as oil rigs, ships and aircrafts, said its exposure in Texas was that of a windstorm account, which excludes floods - the biggest cause of damage in the state. The company's insurance customers also have to bear losses of up to $40 million before their reinsurance policies kick in.

  • Reuters26 days ago

    Axis raises bid for insurer Novae after shareholder dissent

    Axis Capital, a Bermuda-based speciality insurer and reinsurer, has raised its takeover offer for Lloyd's of London insurer Novae to about 477.6 million pounds ($611.38 million) after a shareholder revolt. Novae Group agreed in July to be taken over by Axis Capital for 467.6 million pounds in cash, representing a 700 pence per share offer with a hefty premium to the London-based insurer's closing price from a day before the announcement.