|Bid||0.00 x 15600|
|Ask||0.00 x 73800|
|Day's Range||615.50 - 626.50|
|52 Week Range||542.50 - 773.50|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||0.11 (1.84%)|
|1y Target Est||N/A|
Company management and large investors tend to have unparalleled views into the operations of their own company compared to a typical individual investor. When these insiders buy, their stock tendsRead More...
(Reuters) - Lloyd's of London underwriter Hiscox (HSX.L) saw insurance rates in London improve in the first quarter and its overall gross written premiums rise 24 percent, helped by strong demand for flood ...
The company, a provider of insurance cover for heavy-duty assets such as oil rigs, ships and aircraft, said energy gross premiums written increased 17.8 percent to $30.4 million in the quarter ended March 31. Gross premiums written rose 18.1 percent in the Lloyd's segment in the quarter. Lancashire's total quarterly gross written premiums rose about 9.8 percent to $215.8 million from a year earlier, while its combined ratio improved to 65.2 percent from 85.6 percent.
JLT also reported a 35 percent jump in pretax profit to 181.6 million pounds last year. It is across the globe and what the transformation really is seeking to do is create operational efficiency, with clear financial benefits," CEO Dominic Burke told Reuters. JLT employs 11,000 people across 42 countries, Burke said, without specifying how many positions would be cut.
Insurance stocks such as LRE are hard to value. This is because the rules banks face are different to other companies, which can impact the way we forecast their cashRead More...
Hiscox joined rival Beazley (BEZG.L) and Lancashire (LRE.L) in highlighting that insurers can claw back some of their losses by raising premiums for customers. Hiscox suffered a $225 million bill for claims in 2017, a "historic year for natural catastrophes". "Following the catastrophes in the third quarter, we adjusted course and reworked our business plans to grow as prices rose... we have achieved good price rises in property, casualty and catastrophe-exposed lines," Chairman Robert Childs said.
Lancashire's shares fell 5 percent after it reported a pretax loss of $3.2 million (£2.3 million) for the three months to the end of 2017, below market consensus of a profit of $6.75 million. Shares in the insurer, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, were the second top percentage loser on London's midcap index. Insurers had to pay record claims of about $135 billion last year after hurricanes, earthquakes and fires in North America.
Lancashire Holdings Limited (LSE:LRE), a insurance company based in United Kingdom, received a lot of attention from a substantial price movement on the LSE in the over the last fewRead More...
For long term investors, improvement in profitability and outperformance against the industry can be important characteristics in a stock. In this article, I will take a look at Lancashire HoldingsRead More...
Hurricanes blew insurer RSA's (RSA.L) underwriting performance off course in the third quarter as it set aside an initial 50 million pounds for weather losses in the United States and the Caribbean. Hurricanes Harvey, Irma and Maria have caused more than $100 billion in insured losses in the region in recent weeks, hitting the performance of insurers and reinsurers. "Claims notifications for these (hurricane) events are still developing, and we expect this (50 million pound) provision to increase somewhat," RSA said in a statement, adding that as a result, "group underwriting results are.
The property and casualty insurer, which writes policies for heavy-duty assets such as oil rigs, ships and aircraft, reported a pretax loss of $136.4 million (102.84 million pounds) for the quarter ended Sept. 30, compared with a pretax profit of $42.9 million a year earlier. Lancashire recorded a net loss from hurricanes Harvey, Irma and Maria, and earthquakes in Mexico, of $165 million, which it called an "extraordinary level of loss activity". Hurricanes Irma and Maria alone caused as much as $135 billion in insured losses, according to estimates.
Lancashire Holdings Limited (LSE:LRE) generated a below-average return on equity of 12.80% in the past 12 months, while its industry returned 15.84%. Though LRE’s recent performance is underwhelming, it isRead More...
Categories: Europe Stock Alerts Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Lancashire Holdings Ltd.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish ... Read more (Read more...)