Q2 2023 Earnings Release
LANCASHIRE HOLDINGS LIMITED 10 August 2023 Hamilton, Bermuda Lancashire Holdings Limited (“Lancashire” or “the Group”) today announces its results, under IFRS 17, for the six months ended 30 June 2023. Highlights: • Gross premiums written increased by 26.2% to $1,184 million, insurance revenue of $720.9 million. • Insurance service result $188.8 million; profit after tax $159.2 million. • Discounted combined ratio 71.4%, undiscounted combined ratio 79.2%. • Total net investment return of 2.2%. • Interim