LANCASHIRE

Lancashire Holdings fell about 5.6% to 623p after H1 2026 results, as profit missed analysts' forecasts by 14% and EPS of $0.56 was 15% below consensus. Additional provisions related to the 2024 collapse of the Francis Scott Key Bridge weighed on the company, significantly worsening claims costs and the combined ratios (undiscounted 90.8%; discounted 80.7%). Gross written premiums also fell 6.1%, and the share is moving toward the lower end of its 52-week range of 549p–700p. » Plus sur de.investing.com

Lancashire reports Q1 2026 gross written premiums of $668.4m (-6.1%), driven by the absence of reinstatement premiums after California wildfires; the reinsurance segment shrank 14.8% to $411.0m, while the insurance business rose 12.0% to $257.4m. Insurance revenues increased 2.1% to $468.6m. The renewal price index was 93% (re-/insurance: 92%/94%), assets under management were $3.22bn and the solvency ratio was 254% at year-end 2025. Management confirms the full-year outlook with stable revenues and costs and a return on equity in the high teens; exposure to events in the Middle East is described as limited. » Plus sur de.investing.com

Lancashire announces a special dividend of $0.75 per share, below the consensus estimate of $0.90. In the first nine months of 2025, premium income rose 7.4% to $1,825.4m; reinsurance business grew 9.6% and the insurance segment 4.7%. Insurance revenues climbed to $1,399.8m, assets under management total $3,316.5m with a net investment return of 5.6% year-to-date. Lancashire also received approval to buy out the remaining minority interests in syndicate 2010, which should strengthen the company’s scale and earnings resilience. » Plus sur de.investing.com