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Like its underwriting strategy, Bermuda-based Lancashire’s charitable giving is disciplined. The company, which has a charitable budget of $1.25 million a year, doesn’t just write cheques to anyone who comes knocking at their door. They find their ch...

The operating units of Bermuda-based Lancashire Holdings have had their financial strength rating of A (excellent) affirmed by AM Best. The rating agency also affirmed the issuer credit ratings of “a” of Lancashire Insurance Company Ltd (Hamilton, B...

Insurance underwriter Lancashire Holdings has announced it is renewing Accordion Insurance, its reinsurance sidecar vehicle set up to enable reinsurance contracts to be collateralised. The Bermuda-based speciality insurance provider launched Accordi...

Lancashire Holdings Limited has entered into a new $350 million five-year letter of credit and revolving facility with Lloyds TSB Bank PLC as administrative agent and issuing bank and Barclays Bank PLC as syndication agent. The facility is a renewal...

Educational programmes got a welcome boost from Lancashire Insurance, with donations totalling $80,000. Warwick Academy received $20,000 for its Lance King Art of Learning workshops, while the Bermuda Sloop Foundation was presented with an $60,000 ch...

Lancashire Holdings president Neil McConachie has spent more than more than £230,000 (around $380,000) buying shares of his own company. Mr McConachie’s purchase of 37,500 shares at an a price of £6.24 per share brings his holding in the FTSE-250 li...