REG-Lancashire Holdings Limited: Lancashire Holdings Limited - 3rd Quarter Results
Key Highlights
- ➤Special dividend of 75 cents per share totals approximately $182 million
- ➤2026 high-teens RoE guidance reaffirmed; Lancashire remains on track
- ➤Nine-month gross premiums written $1,806 million, down 1% year-on-year
- ➤Nine-month investment portfolio return 0.6%, with income offset by bond losses
- ➤Insurance revenue increased 1% to $1,409.7 million through September
Expert Statements
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“Lancashire delivered another strong underwriting performance in the first nine months of the year.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“While pricing has moderated in some parts of the market, we benefit from a diversified portfolio and rates continued to remain adequate across much of our business.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“The loss environment in the third quarter was also relatively benign, particularly for natural catastrophes, and our exposure to the conflict in the Middle East remains manageable and not material to the Group.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“Our conservatively-positioned investment portfolio continues to deliver an attractive level of investment income, although this was offset by the mark-to-market impact of higher government bond yields in the third quarter.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“Given the relatively short duration of the portfolio, the prevailing environment of higher yields should benefit investment income in future periods.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“The Group’s healthy performance for the year to date means that we remain on track to meet our 2026 full year guidance of a high-teens RoE.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“The positive operational performance of the Group, and our strong capital position, means we are able to declare a special dividend of 75 cents per common share, resulting in an aggregate distribution of approximately $182 million.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“Managing the cycle is central to how Lancashire has always operated and our increased diversification across products and geographies gives us additional flexibility.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“As pricing conditions vary across markets, the breadth of our portfolio enables us to remain disciplined and selective, directing appetite and capital to areas where returns remain most attractive.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“Where there are opportunities to build momentum, we will take them and we have continued to add talent to our bench strength and invest in new products that are complementary to our existing portfolio.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“We head into 2027 from a position of strength.”
Alex Maloney, Group Chief Executive Officer of Lancashire Holdings Limited
“I am confident that our outstanding teams, collective expertise, increased relevance to our clients and brokers, distinctive culture, and robust capital base will ensure we continue to deliver attractive returns across the cycle.”
Lancashire Holdings Limited (“Lancashire” or “the Group”) today announces its trading statement for the nine months ended 30 September 2026.
• On track to deliver a high-teens RoE in 2026, and the Group is well positioned for 2027
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