Lancashire swings to profit despite higher levels of loss activity
14th Feb 2019 10:51
(Sharecast News) - FTSE 250 insurer Lancashire Holdings said on Thursday that it swung to a profit in 2018 despite higher levels of loss activity related to natural catastrophes.
Read moreTuesday broker round-up
5th Feb 2019 12:22
(Sharecast News) - Morrison: Berenberg upgrades to buy with a target price of 285p.
Read moreRBC forecasts outperformance for European insurers, wealth managers
11th Dec 2018 12:05
(Sharecast News) - European insurers should outperform the market in 2019, RBC Capital Markets predicted, with strong balance sheets and stronger pricing boosting earnings, though Standard Life Aberdeen was downgraded.
Read moreFriday broker round-up
2nd Nov 2018 12:26
(Sharecast News) - Moneysupermarket.com: Liberum upgrades to buy with a target price of 500p.
Read moreLancashire narrows third quarter losses, declares special dividend
1st Nov 2018 08:55
(Sharecast News) - Lancashire Holdings issued its results for the third quarter on Thursday, reporting a fully-converted book value per share of $5.54 for the period ended 30 September, up from $5.53 at the same time last year.
Read moreTuesday broker round-up
9th Oct 2018 12:59
(Sharecast News) - Royal Mail: HSBC downgrades to hold with a target price of 379p.
Read moreLancashire Holdings warns on Q3 on losses from marine unit, natural disasters
8th Oct 2018 07:41
(Sharecast News) - Lancashire Holdings said it expected to report third quarter net losses after hits to its marine portfolio and exposure to natural disasters including US hurricane Florence, and Asian typhoons Jebi, Mangkhut and Trami.
Read moreLancashire Holdings makes internal promotions as Perrier steps down
10th Sep 2018 08:38
(Sharecast News) - Lancashire Holdings announced the appointment of James Irvine as the chief underwriting officer for Lancashire Insurance Company in Bermuda on Monday, with effect from 1 October, subject to immigration and regulatory approvals.
Read moreWednesday broker round-up
22nd Aug 2018 11:52
(Sharecast News) - Lancashire Holdings: Berenberg upgrades to hold with a target price of 600p.
Read moreThursday broker round-up
26th Jul 2018 13:01
(Sharecast News) - Beazley: Berenberg upgrades to buy with a target price of 640p.
Read moreThursday broker round-up
16th Feb 2017 09:15
(ShareCast News) - QinetiQ: Canaccord downgrades to Hold with a target price of 285p. RBS: Deutsche Bank reiterates Underperform with a target price of 210p. Aldermore Group: Deutsche Bank reiterates Neutral with a target price of 210p. Smiths: Goldman Sachs reiterates Buy with a target price of 1
Read moreLancashire Holdings's results hold up despite 'turbulent' 2016
16th Feb 2017 07:31
(ShareCast News) - Despite macroeconomic uncertainty insurer Lancashire Holdings' results for 2016 held up and while the company remains confident about 2017, it expects "market conditions to remain difficult for the foreseeable future". For calendar 2016, return on equity remained flat at 13.5% and
Read moreLancashire Holdings appoints Andrew McKee CEO of Cathedral Underwriting
27th Jan 2017 07:57
(ShareCast News) - Bermuda-based insurance company Lancashire Holdings has appointed Andrew McKee as chief executive of Cathedral Underwriting, effective from 26 June and subject to regulatory approval. Marion Madden will continue as interim managing director of Cathedral Underwriting until McKee st
Read moreLancashire shares fall as Canaccord cuts rating to 'sell' from 'hold'
4th Nov 2016 09:14
(ShareCast News) - Shares in Lancashire Holdings fell on Friday after Canaccord Genuity reduced its rating on the insurer to 'sell' from 'hold' but raised its price target to 680p from 600p. Canaccord noted that while Lancashire reported a strong third quarter on Thursday, Lancancare's converted boo
Read moreWednesday broker round-up
2nd Nov 2016 11:59
(ShareCast News) - Lancashire: JP Morgan keeps at neutral with a target price of 595p. Rolls Royce: UBS stays at neutral, 800p target. Rio Tinto: Barclays reiterates overweight with a 3200p target. Derwent London: Goldnman Sachs reiterates buy with a 3035p target. TUI AG: UBS reiterates buy with
Read more