Lancashire Holdings Limited

Lancashire Holdings Limited

LRE.L
Lancashire Holdings LimitedGB flagLondon Stock Exchange
592.00
GBp
-7.00
- -
1.44BMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
3.77
4.05
3.12
2.74
2.47
2.28
2.43
2.42
3.06
3.21
5.86
7.09
- -
2.25
Basic EPS, GAAP
1.31
1.24
0.93
0.77
-0.36
0.19
0.59
0.02
-0.25
-0.06
1.35
1.34
- -
0.19
Free Cash Flow per Basic Share
0.99
1.1
0.5
0.24
-0.2
-0.01
0.17
0.36
0.98
1.28
1.79
2.39
- -
-0.02
Dividend per Share
1.97
1.77
1.65
0.91
0.17
0.37
0.16
0.15
0.15
0.15
0.65
1.49
- -
- -
Book Value per Share
3.55
2.76
1.95
1.78
1.29
1.12
1.56
1.36
0.78
0.57
1.28
1.13
- -
1.11
Tangible Book Value per Share
7.58
6.49
5.48
5.28
4.83
4.63
5.2
6.19
5.07
4.73
5.57
5.41
- -
4.57
Basic Weighted Avg Shares
169
186
195
200
198
197
200
224
244
244
238
240
- -
200
Sales/Revenue/Turnover
639
752
608
546
488
451
485
541
748
784
1,396
1,700
1,883
451
Operating Margin (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Depreciation Expense
15
26
2
2
2
1
4
3
3
3
4
8
10
- -
Net Income, GAAP
222
229
181
154
-71
38
118
4
-62
-16
322
321
293
38
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
1.09
23.73
- -
- -
3.37
4.57
3.77
0.71
Profit Margin (%)
34.84
30.51
29.8
28.15
-14.56
8.32
24.3
0.78
-8.32
-1.98
23.04
18.9
15.58
8.32
Working Capital
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
LT Debt
332
327
322
321
326
324
343
346
464
467
468
464
472
324
Total Equity
1,460
1,357
1,221
1,208
1,107
1,068
1,194
1,539
1,394
1,326
1,508
1,493
1,509
1,068
Return on Invested Capital (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
- -
- -
- -
22.78
2.57
- -
- -
50.3
45.78
43
-5.1
Return on Common Equity (%)
34.34
41.22
40.58
41.81
-23.33
15.75
44.16
1.36
-25.16
-9.45
145.28
111.58
108.69
15.75

Capital Structure

FRC

in mil. unless spec.
Jun'18
Sep'18
Dec'18
ST Debt
- -
- -
- -
LT Borrowings
325
325
324
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
201
201
202
Market Capitalization
145,746
154,194
154,149

Working Capital

FRC

in mil. unless spec.
Jun'18
Sep'18
Dec'18
Total Current Assets
- -
- -
- -
Cash, Cash Equivalents & STI
212
171
1,488
Accounts Receivable, Net
405
330
328
Inventories
- -
- -
- -
Total Current Liabilities
- -
- -
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
2.73%
-0.09%
1.07%
Free Cash Flow
-126.62%
50.67%
-44.09%
Net Income, GAAP
-403.5%
-767.79%
-8.68%
Sales/Revenue/Turnover
14.44%
30.75%
10.76%
Total Cash Common Dividend
38.51%
89.27%
-15.35%

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1,396
2024
- -
- -
- -
- -
1,700
2025
- -
- -
- -
- -
1,883

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
1.35
2024
- -
- -
- -
- -
1.34
2025
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
0.65
2024
- -
- -
- -
- -
1.49
2025
- -
- -
- -
- -
- -

Company Description

APIChat
CEO
Alexander Terence Maloney
Full Time Employees
426
Sector
Financial Services
Industry
Insurance - Specialty
Address
Power House Hamilton United Kingdom HM 11
IPO Date
Dec 13, 2005
Business
Lancashire Holdings Limited is a Bermuda-based provider of global specialty insurance and reinsurance products, operating primarily in Bermuda, London, the United States, and Australia. Founded in 2005 and headquartered in Hamilton, Bermuda, the company underwrites short-tail specialty risks across four core segments: property and casualty, which includes catastrophe-exposed property reinsurance, excess loss risks, and property treaty portfolios; energy, encompassing onshore and offshore energy insurance and reinsurance; marine, covering hull, cargo, and liability risks; and aviation, including hull, liability, and space risks; as well as specialty lines such as professional indemnity, accident and health, and terror reinsurance. It delivers these products through three platforms: rated company market operations via Lancashire Insurance Company Limited; Lloyd's access through managed Syndicates 2010 and 3010 under Lancashire Syndicates Limited; and collateralized reinsurance via Lancashire Capital Management for property catastrophe, aviation, marine, energy, and terror risks. In recent developments, Lancashire completed the minority buy-out of Syndicate 2010 for the 2026 underwriting year, achieving 99.4% ownership and securing full control following Lloyd's approval; expanded its U.S. operations with the official opening of Lancashire Insurance US in 2024; reported gross premiums written up 11% in 2024 with an 80% combined ratio; and announced a special dividend of 75 cents per share in Q3 2025 amid 7.4% year-on-year gross written premium growth to $1.8 billion and a 5.6% total investment return year-to-date. The company targets brokers and clients seeking high-layer, high-deductible solutions in niche markets, maintaining a disciplined underwriting approach across market cycles.

Company News

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