Lancashire Share Discussion Threads

[j2m] 13/12/2024 17:26

HL, Interactive Investor and Lloyds platforms have paid :)

[furtive_flatulator] 13/12/2024 15:53

Still waiting for mine at Trading212. Anyone else using 212?

Just so I am not going mad here, I bought my shares on the 12th Nov, this should have been
in time for the dividend, right?

[cwa1] 13/12/2024 15:48

Got it in at iDealing

[1knocker] 13/12/2024 15:21

Looking at my account keenly for the dividend to arrive!

[sparki2] 11/12/2024 09:57

Not often is the opportunity for good capital growth combined with excellent dividend income - it is here! Against the risk background management should have an excellent opportunity to further improve margins.

[cwa1] 18/11/2024 08:21

*BARCLAYS RAISES LANCASHIRE PRICE TARGET TO 770 (710) PENCE - 'EQUAL WEIGHT'

[sigmund freud] 16/11/2024 14:50

BME knocker, but don't invest yet. chart is looking horrible, might go down to c300p

[sigmund freud] 16/11/2024 14:43

entirely agree knocker & Louis
catastrophe insurance losses (and just as importantly the premiums for these) are getting much better understood. nice to hear the reality from someone with property in a risk area.
fundamentals good
finances good
returns excellent (I wish I had a chart with all my dividends reinvested on it)
true yield not showing up to the masses due to specials not being accounted for
chart trending up despite the huge payouts
and psychologically a good time to enter just after the XD
anyone with any significant ISA holdings should have this in their portfolio. And keep holding it.

[j2m] 15/11/2024 18:51

Yeah, the way it got through an unprecedented hurricane season etc and still upped its special dividend was impressive. Fully Expect SD again in March.

[1knocker] 15/11/2024 16:37

This is a hidden gem.It is staggering the income it has thrown off over the years.

I can't remember who /what tipped me off to it years ago, but if anyone knows of any other stocks paying out anything like as much in specials (and thus not showing up in the published dividend rate), please let me know!

[justiceforthemany] 14/11/2024 11:27

Outsized drop.

[louis brandeis] 14/11/2024 10:09

Forward consensus yield are circa over 12% for the next 3 years. If they can keep underwriting controlled increase asset values in the US should push premiums up for little change in existential risk. Nearly $1Bn expected for post-tax profits on a £1.4Bn market cap seems very good for the risk-reward. With sticky inflation interest rates should benefit the float investment returns leading to increased float profits. One underlying movement that doesn't get much write-up is the exit of capital from the markets. Low interest rates flooded insurance markets but some of this has reversed. This, coupled with increased risk understanding throughout climate change and volatile politics should leave the incumbents with a better competitive advantage.

Nice thing about these insurance companies is they don't have much correlation with the rest of the markets. Hallelujah!

I also have Beazley. Hiscox is now looking good value.

[eca04bpm1] 14/11/2024 09:36

But agree it seems overdone and presents a good buying opportunity

[eca04bpm1] 14/11/2024 09:35

Sorry getting myself confused - thanks for the clarification

[kirkie001] 14/11/2024 09:13

eca04bpm1 - no, it should be today. You need to own the shares at COB yesterday to be entitled to receive the dividend. From market open, if you own the shares, you'll receive the dividend - but the share price adjusts accordingly.

That's what 'XD' means...

[buoycat] 14/11/2024 09:11

XD at close of play yesterday, Wednesday

[eca04bpm1] 14/11/2024 08:52

Shouldn't the large drop be tomorrow if it goes XD today?

[zangdook] 14/11/2024 08:25

It's a little overdone though considering we were at 690 a couple of days ago and the div is about 60p.

[redchef] 14/11/2024 08:21

XD of course

[eca04bpm1] 14/11/2024 08:17

What's driving the drop this morning?

[j2m] 08/11/2024 09:32

Just been through major hurricane season and still paid a great special dividend! Can't see any reason why it won't be same again on SD in March.

Bull... what do you refer to when you say 'Last sentence though'

[martinmc123] 06/11/2024 13:09

4*
Lancashire Holdings Ltd issued a trading update for the first 9 months of 2024. Gross premiums written increased by 9.0% year-on-year to $1.7 billion, insurance revenue increased by 16.8% year-on-year to $1.3 billion. Net losses relating to recent weather events are expected to be between $110 million to $140 million, while the Group’s total investment return was 5.0%, including unrealised gains and losses...from WealthOracle

wealthoracle.co.uk/detailed-result-full/LRE/951

[justiceforthemany] 06/11/2024 08:03

Great special dividend

[bulltradept] 06/11/2024 07:55

Last sentence though..

[sparki2] 06/11/2024 07:48

Excellent results against the risk background