ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for alerts Register for real-time alerts, custom portfolio, and market movers

LRE Lancashire Holdings Limited

575.00
8.00 (1.41%)
19 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Lancashire Holdings Limited LSE:LRE London Ordinary Share BMG5361W1047 COM SHS USD0.50
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  8.00 1.41% 575.00 575.00 577.00 577.00 559.00 559.00 305,403 16:35:19
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Fire, Marine, Casualty Ins 449.1M 321.5M 1.3460 4.29 1.38B

Lancashire Hld Ltd Notice of Results

11/01/2017 5:35pm

UK Regulatory


 
TIDMLRE 
 
LANCASHIRE HOLDINGS LIMITED 
 
11 January 2017 
 
London, England 
 
                 Notice of Q4 2016 Results and Conference Call 
 
Lancashire Holdings Limited ("Lancashire" or "the Company") will be announcing 
its 2016 fourth quarter results at 7:00am GMT on Thursday 16 February 2017 and 
hosting an analyst and investor conference call at 1:00pm GMT / 9:00am EST on 
Thursday 16 February 2017. The conference call will be hosted by Lancashire 
management. 
 
Participant Access: 
 
Dial in 5-10 minutes prior to the start time using the number / Conference ID 
below. 
 
Confirmation Code:         5669665 
 
Local - London, United Kingdom: +44(0)20 3427 1909 
 
Local - New York, United States of America: +1646 254 3362 
 
National free phone - United Kingdom: +0800 279 4977 
 
National free phone - United States of America: +1877 280 2296 
 
The call can also be accessed via webcast, please go to our website at:   ( 
http://www.lancashiregroup.com/en/investors.html) to access. 
 
A webcast replay facility will be available for 12 months and accessible at 
http://www.lancashiregroup.com/en/investors/ 
results-reports-and-presentations.html 
 
For further information, please contact: 
 
Lancashire Holdings Limited 
Christopher Head                    +44 20 7264 4145 
                                    chris.head@lancashiregroup.com 
 
Jonny Creagh-Coen                   +44 20 7264 4066 
                                    jcc@lancashiregroup.com 
 
Haggie Partners                     +44 20 7562 4444 
 
David Haggie                        (David Haggie mobile +44 
                                    7768332486) 
 
About Lancashire 
 
Lancashire, through its UK and Bermuda-based operating subsidiaries, is a 
global provider of specialty insurance and reinsurance products. The Group 
companies carry the following ratings: 
 
                          Financial     Financial    Long Term 
                          Strength      Strength     Issuer 
                          Rating (1)    Outlook(1)   Rating (2) 
 
A.M. Best                 A (Excellent) Stable       bbb 
 
S&P Global Ratings        A-            Positive     BBB 
 
Moody's                   A3            Stable       Baa2 
 
(1)Financial Strength Rating and Financial Strength Outlook apply to Lancashire 
Insurance Company Limited and Lancashire Insurance Company (UK) Limited. 
 
(2) Long Term Issuer Rating applies to Lancashire Holdings Limited. 
 
Cathedral benefits from Lloyd's ratings: A.M. Best: A (Excellent); Standard & 
Poor's: A+ (Strong); and Fitch: AA- (Very Strong). 
 
Lancashire has capital in excess of $1.5 billion and its common shares trade on 
the premium segment of the Main Market of the London Stock Exchange under the 
ticker symbol LRE. Lancashire has its corporate headquarters and mailing 
address at 29th Floor, 20 Fenchurch Street, London EC3M 3BY, United Kingdom and 
its registered office at Power House, 7 Par-la-Ville Road, Hamilton HM 11, 
Bermuda. 
 
For more information on Lancashire and Lancashire's subsidiary and Lloyd's 
segment, Cathedral Capital Limited ("Cathedral"), visit Lancashire's website at 
www.lancashiregroup.com 
 
The UK Prudential Regulation Authority ("PRA") is the Group Supervisor of the 
Lancashire Group. 
 
Lancashire Insurance Company Limited is regulated by the Bermuda Monetary 
Authority ("BMA") in Bermuda. 
 
Lancashire Insurance Company (UK) Limited is authorised by the PRA and 
regulated by the Financial Conduct Authority ("FCA") and the PRA in the UK. 
 
Kinesis Capital Management Limited is regulated by the BMA in Bermuda. 
 
Cathedral Underwriting Limited is authorised by the PRA and regulated by the 
FCA and the PRA in the UK. It is also authorised and regulated by Lloyd's. 
 
This release contains information, which may be of a price sensitive nature, 
that Lancashire is making public in a manner consistent with the EU Market 
Abuse Regulation and other regulatory obligations.  The information was 
submitted for publication, through the agency of the contact persons set out 
above, at 17:30GMT on 11 January 2017. 
 
NOTE REGARDING FORWARD-LOOKING STATEMENTS: 
 
CERTAIN STATEMENTS AND INDICATIVE PROJECTIONS (WHICH MAY INCLUDE MODELED LOSS 
SCENARIOS) MADE IN THIS RELEASE OR OTHERWISE THAT ARE NOT BASED ON CURRENT OR 
HISTORICAL FACTS ARE FORWARD-LOOKING IN NATURE INCLUDING, WITHOUT LIMITATION, 
STATEMENTS CONTAINING THE WORDS "BELIEVES", "ANTICIPATES", "PLANS", "PROJECTS", 
"FORECASTS", "GUIDANCE", "INTENDS", "EXPECTS", "ESTIMATES", "PREDICTS", "MAY", 
"CAN", "LIKELY",  "WILL", "SEEKS", "SHOULD", OR, IN EACH CASE, THEIR NEGATIVE 
OR COMPARABLE TERMINOLOGY. ALL SUCH STATEMENTS OTHER THAN STATEMENTS OF 
HISTORICAL FACTS INCLUDING, WITHOUT LIMITATION, THE GROUP'S FINANCIAL POSITION, 
 LIQUIDITY,  RESULTS OF OPERATIONS,  PROSPECTS,  GROWTH, CAPITAL MANAGEMENT 
PLANS AND EFFICIENCIES, ABILITY TO CREATE VALUE, DIVIDEND POLICY, OPERATIONAL 
FLEXIBILITY, COMPOSITION OF MANAGEMENT, BUSINESS STRATEGY, PLANS AND OBJECTIVES 
OF MANAGEMENT FOR FUTURE OPERATIONS (INCLUDING DEVELOPMENT PLANS AND OBJECTIVES 
RELATING TO THE GROUP'S INSURANCE BUSINESS) ARE FORWARD LOOKING STATEMENTS. 
SUCH FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES 
AND OTHER IMPORTANT FACTORS THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR 
ACHIEVEMENTS OF THE GROUP TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS, 
PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING 
STATEMENTS. 
 
THESE FACTORS INCLUDE, BUT ARE NOT LIMITED TO: THE GROUP'S ABILITY TO INTEGRATE 
ITS BUSINESSES AND PERSONNEL; THE SUCCESSFUL RETENTION AND MOTIVATION OF THE 
GROUP'S KEY MANAGEMENT; THE INCREASED REGULATORY BURDEN FACING THE GROUP, THE 
NUMBER AND TYPE OF INSURANCE AND REINSURANCE CONTRACTS THAT THE GROUP WRITES OR 
MAY WRITE; THE GROUP'S ABILITY TO IMPLEMENT SUCCESSFULLY ITS BUSINESS STRATEGY 
DURING 'SOFT' AS WELL AS 'HARD' MARKETS; THE PREMIUM RATES WHICH MAY BE 
AVAILABLE AT THE TIME OF SUCH RENEWALS WITHIN THE GROUP'S TARGETED BUSINESS 
LINES; THE POSSIBLE LOW FREQUENCY OF LARGE EVENTS; POTENTIALLY UNUSUAL LOSS 
FREQUENCY; THE IMPACT THAT THE GROUP'S FUTURE OPERATING RESULTS, CAPITAL 
POSITION AND RATING AGENCY AND OTHER CONSIDERATIONS MAY HAVE ON THE EXECUTION 
OF ANY CAPITAL MANAGEMENT INITIATIVES OR DIVIDENDS; THE POSSIBILITY OF GREATER 
FREQUENCY OR SEVERITY OF CLAIMS AND LOSS ACTIVITY THAN THE GROUP'S 
UNDERWRITING, RESERVING OR INVESTMENT PRACTICES HAVE ANTICIPATED; THE 
RELIABILITY OF, AND CHANGES IN ASSUMPTIONS TO, CATASTROPHE PRICING, 
ACCUMULATION AND ESTIMATED LOSS MODELS; INCREASED COMPETITION FROM EXISTING 
ALTERNATIVE CAPITAL PROVIDERS, INSURANCE LINKED FUNDS AND COLLATERALISED 
SPECIAL PURPOSE INSURERS AND THE RELATED DEMAND AND SUPPLY DYNAMICS AS 
CONTRACTS COME UP FOR RENEWAL; THE EFFECTIVENESS OF THE GROUP'S LOSS LIMITATION 
METHODS; THE POTENTIAL LOSS OF KEY PERSONNEL; A DECLINE IN THE GROUP'S 
OPERATING SUBSIDIARIES' RATING WITH A.M. BEST, STANDARD & POOR'S, MOODY'S OR 
OTHER RATING AGENCIES; INCREASED COMPETITION ON THE BASIS OF PRICING, CAPACITY, 
COVERAGE TERMS OR OTHER FACTORS; A CYCLICAL DOWNTURN OF THE INDUSTRY; THE 
IMPACT OF A DETERIORATING CREDIT ENVIRONMENT FOR ISSUERS OF FIXED INCOME 
INVESTMENTS; THE IMPACT OF SWINGS IN MARKET INTEREST RATES, CURRENCY EXCHANGE 
RATES AND SECURITIES PRICES; CHANGES BY CENTRAL BANKS REGARDING THE LEVEL OF 
INTEREST RATES; THE IMPACT OF INFLATION OR DEFLATION IN RELEVANT ECONOMIES IN 
WHICH WE OPERATE; THE EFFECT, TIMING AND OTHER UNCERTAINTIES SURROUNDING FUTURE 
BUSINESS COMBINATIONS WITHIN THE INSURANCE AND REINSURANCE INDUSTRIES; THE 
IMPACT OF TERRORIST ACTIVITY IN THE COUNTRIES IN WHICH WE WRITE RISKS; A RATING 
DOWNGRADE OF, OR A MARKET DECLINE IN, SECURITIES IN ITS INVESTMENT PORTFOLIO; 
CHANGES IN GOVERNMENTAL REGULATIONS OR TAX LAWS IN JURISDICTIONS WHERE THE 
GROUP CONDUCTS BUSINESS; ANY OF THE GROUP'S BERMUDIAN SUBSIDIARIES BECOMING 
SUBJECT TO INCOME TAXES IN THE UNITED STATES OR THE UNITED KINGDOM; THE 
INAPPLICABILITY TO THE GROUP OF SUITABLE EXCLUSIONS FROM THE UK CFC REGIME; 
ANYCHANGE IN UK GOVERNMENT POLICY WHICH IMPACTS THE CFC REGIME OR OTHER TAX 
CHANGES; AND THE IMPACT OF THE "BREXIT" VOTE AND FUTURE NEGOTIATIONS REGARDING 
THE U.K'S RELATIONSHIP WITH THE E.U. IN THE RECENT IN-OR-OUT REFERENDUM ON OUR 
BUSINESS, REGULATORY RELATIONSHIPS, UNDERWRITING PLATFORMS OR THE INDUSTRY 
GENERALLY. 
 
ALL FORWARD-LOOKING STATEMENTS IN THIS RELEASE SPEAK ONLY AS AT THE DATE OF 
PUBLICATION. LANCASHIRE EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING (SAVE 
AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY OBLIGATIONS INCLUDING THE 
RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE ANY UPDATES OR REVISIONS TO 
ANY FORWARD-LOOKING STATEMENTS TO REFLECT ANY CHANGES IN THE GROUP'S 
EXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENT IS BASED. 
 
 
 
END 
 

(END) Dow Jones Newswires

January 11, 2017 12:35 ET (17:35 GMT)

1 Year Lancashire Chart

1 Year Lancashire Chart

1 Month Lancashire Chart

1 Month Lancashire Chart

Your Recent History

Delayed Upgrade Clock