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| 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 | Shares Traded | Last Trade
|
|
|---|---|---|---|---|---|
| 9.00 | 1.59% | 576.00 | 647,683 | 16:35:28 |
| Bid Price | Offer Price | High Price | Low Price | Open Price | |
|---|---|---|---|---|---|
| 576.00 | 578.00 | 580.00 | 565.00 | 565.00 | |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Fire, Marine, Casualty Ins | USD 449.1M | USD 321.5M | USD 1.3176 | 4.39 | 1.38B |
| Last Trade Time | Trade Type | Trade Size | Trade Price | Currency |
|---|---|---|---|---|
| 16:48:56 | O | 789 | 576.00 | GBX |
| Date | Time | Source | Headline |
|---|---|---|---|
| 06/3/2025 | 13:47 | ALNC |  Lancashire Holdings shares drop as catastrophe losses rise |
| 06/3/2025 | 07:01 | UKREG | Lancashire Holdings Ltd - Board Committee Changes |
| 06/3/2025 | 07:00 | UKREG | Lancashire Holdings Ltd - Final Results |
| 13/2/2025 | 10:15 | ALNC | Lancashire Holdings expects up to USD165 million California fire loss |
| 13/2/2025 | 07:00 | UKREG | Lancashire Holdings Ltd - Loss estimate relating to California wildfires |
| 22/1/2025 | 07:00 | UKREG | Lancashire Holdings Ltd - Notice of Q4 2024 Earnings Release and Conference.. |
| 31/12/2024 | 07:30 | UKREG | Lancashire Holdings Ltd - Director Declaration |
| 17/12/2024 | 15:06 | UKREG | Lancashire Holdings Ltd - Director/PDMR Shareholding |
| 05/12/2024 | 14:07 | ALNC | IN THE KNOW: Deutsche upgrades Aviva, Admiral and Just, cuts M&G |
| 06/11/2024 | 11:40 | ALNC | Lancashire Holdings increases special dividend amid premium growth |
Lancashire (LRE) Share Charts1 Year Lancashire Chart |
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1 Month Lancashire Chart |
Intraday Lancashire Chart |
| Date | Time | Title | Posts |
|---|---|---|---|
| 10/3/2025 | 19:17 | Now time to buy Lancashire Holdings | 1,631 |
| 23/6/2011 | 04:22 | Lancashire Holdings General Discussion with Charts | 15 |
| 10/12/2007 | 11:24 | lancashire holdings | 3 |
| Trade Time | Trade Price | Trade Size | Trade Value | Trade Type |
|---|
| Top Posts |
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Posted at 15/3/2025 08:20 by Lancashire Daily Update Lancashire Holdings Limited is listed in the Fire, Marine, Casualty Ins sector of the London Stock Exchange with ticker LRE. The last closing price for Lancashire was 567p.Lancashire currently has 244,010,007 shares in issue. The market capitalisation of Lancashire is £1,410,377,840. Lancashire has a price to earnings ratio (PE ratio) of 4.39. This morning LRE shares opened at 565p |
Posted at 06/3/2025 11:35 by deadly SF: All that was known and was in the price. |
Posted at 06/3/2025 08:53 by deadly so what spooked the price? |
Posted at 13/2/2025 18:07 by sigmund freud thanks louis. sounds like a nice place!i have vague memories of something like this happening before. so i think in future (if wanting to get in and out): sell asap when we see some insurance-liable disaster when we see it on the tv there is a slight delay before LRE drops then it falls 5-10% then it creeps up again (ie buy as soon as it stops falling) then consider selling out before another month is up then buy it again, and repeat but be sure to stay invested if no huge recent disaster, when a special is likely to be announced? and if i can't be bothered with all that, just stay invested and assume another disaster just cranks up the inevitable premiums although what to do if the big one finally hits San Fran, as it must do sometime? |
Posted at 13/2/2025 13:45 by louis brandeis sigmundLooks like legalities were already in place (The Guardian): “We must take action to improve the financial standing of the FAIR Plan and prevent this situation from recurring,” Ricardo Lara, California’s insurance commissioner, said in a press release. The assessment is the first time since the 1994 Northridge earthquake that the plan has called on private insurers to contribute additional funds to pay out claims. The $1bn assessment will be carried by private insurers, according to their market share. In 2023, California’s largest insurers included State Farm, Farmers Insurance Group and CSAA Insurance, according to Moody’s, a credit rating service. Insurance companies are responsible for half of that assessment, according to the state’s insurance department, but may pass off the other half to customers as a temporary supplemental fee. The assessment cannot be passed off in future rate hikes. |
Posted at 13/2/2025 12:40 by sigmund freud for future reference, it took around 1 month after the loss event for LRE to declare their exposure. this might be helpful in future.i saw only a day or 2 ago, that any us insurers who had covered california in the last 2 years, but who had stopped coverage due to increasing risk, were going to be charged for the losses that the FAIR scheme had made. essentially the discounted coverage FAIR scheme didn't have anywhere near the funds to cover the losses. would LRE have any exposure to such a charge? it is also scary that a state can order private companies without current exposure to cover what are essentially uninsured risks. surely the lawyers will make some money out of disputing that. this will end up with no one in california being able to insure their homes. |
Posted at 13/2/2025 11:55 by effortless cool bulltradept13 Feb '25 - 11:20 - 1610 of 1611 0 0 0"I didn't realise we have someone in the comments who knows LRE insurance book ?" I didn't realise we had someone in the comments who doesn't know the difference between market losses and individual company losses. |
Posted at 13/2/2025 11:20 by bulltradept I didn't realise we have someone in the comments who knows LRE insurance book ? |
Posted at 13/2/2025 10:43 by effortless cool J2M10 Jan '25 - 16:16 - 1594 of 1608 0 0 0"Baltimore Bridge was an estimated 4B hit to insurers. For LA Fires I heard 140B mentioned! How much exposure LRE have we don't know but certainly any special dividends again this year must be off the table now". These are nonsense numbers. The insured loss from the Baltimore Bridge collision is likely around $2bn. LA wildfires are still uncertain but likely in the range $35bn-$50bn. |
Posted at 14/11/2024 09:13 by kirkie001 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... |
Posted at 12/3/2024 08:25 by cwa1 Featured in the Questor column of The Telegraph today as a strong "hold"...This insurer proved its mettle and its special dividends are investors’ reward Questor share tip: Lancashire navigated low interest rates and natural disasters; now it can benefit from higher premiums as rivals drop out Russ Mould 11 March 2024 • 8:00pm Related Topics Insurance industry, Share tips, Natural disasters 59 It really has to be good for this Yorkshireman to extol the virtues of anything to do with Lancashire but last week’s full-year results from Lancashire Holdings, the Lloyd’s of London syndicate manager, appear to more than justify our faith in the stock since our tip in May 2021. We have needed plenty of patience, but the shares are trading at their highest level in more than three years. Strong price increases, higher investment returns (thanks in part to higher bond yields) and skilled underwriting in its specialist areas of insuring (and reinsuring) across aviation, property, marine and energy are all turning into healthy profits at the manager of the Lloyd’s 2010 and 3010 syndicates. Higher claims owing to natural disasters, higher repair costs thanks to inflation and higher costs of capital are all undeniable challenges for non-life insurers (and reinsurers) such as Lancashire. But this combination is also taking capacity out of the insurance market at a time when demand is increasing. As a result, for those players strong enough and smart enough to withstand the storm, headline insurance rates are rising, and savvy specialists such as Lancashire are achieving rapid premium growth as a result. Gross premiums written rose by 17pc in 2023, thanks to firm pricing and what chief executive Alex Maloney termed “the best market conditions we have seen for a decade”. Meanwhile, natural disasters in America, New Zealand and Turkey have not led to losses of any great substance relative to the company’s capital base or book of business. In 2023 net losses from catastrophe, weather and large loss events came to just $106m, down from $329m in 2022, when Hurricane Ian alone cost the company $181m. This is all helping to boost the “combined ratio”, a key measure of profitability for the industry. A combined ratio of less than 100pc means the insurer is in profit and a figure above it means the insurer is in loss. Higher interest rates, and costs of capital, have not just helped Lancashire by draining away supply from the market. They have driven up bond yields and provided the FTSE 250 company with a second tailwind in the form of higher returns on its $2.5bn investment portfolio. As a result of all these trends, profits have surged once more. After two fallow storm-and-war-tossed years, Lancashire has just made its highest profits for a decade. Consequently, the company is increasing its cash returns to shareholders. An increase in the final dividend to $0.15 from $0.10 in 2022, an interim dividend of $0.05 and two special dividends of $0.50 apiece take the total payment for 2023 to $1.15, or around 90p, enough for a 14.2pc yield at the current share price for anyone who bags all four payments. This marks a return to form for Lancashire, which had last paid a special dividend in 2018. But even though profits may be at a decade high, the share price is around a quarter below its record level. Perhaps this is because the dividend has yet to return to the record highs of more than a decade ago. Perhaps it is because investors simply do not believe the company can continue to generate the profits it is making, and dividends it is paying, at a time of ever-growing concern over war in eastern Europe and the Middle East, increased tension between the West and China, not least over Taiwan, and climate change. Yet Lancashire proved its skill during the very tough period of 2017-22 when interest rates were zero, investment returns minimal and catastrophe losses elevated. The company negotiated all those challenges and has begun to reap the benefits as demand rises at a time of crimped capacity, thanks to those very same fallow years. City analysts do expect further increases in profits, thanks to the growth in gross premiums written seen in the past two to three years, while the development of Lancashire’s American business is laying a path for further expansion. Nor should it be forgotten that Lancashire was incorporated nineteen years ago when it seemed as if the catastrophe insurance market was on its knees, in the wake of Hurricanes Katrina, Rita and Wilma. The decision to raise $1bn in capital and start to underwrite business paid off handsomely. The company has since declared more than 900p a share in dividends, including the final and the second special announced alongside the 2023 results, a figure that exceeds the current share price, so its long-term record stands up well. There is still much to like about Lancashire. Hold. Questor says: hold Ticker: LRE Share price at close: 634p |
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