Lancashire

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Reuters - 2 weeks ago

Hiscox hits over 9-month low as insurer lags peers in premium growth

BUZZ-Hiscox hits over 9-month low as insurer lags peers in premium growth ** Shares of Hiscox HSX.L fall as much as 5% to a more than nine-month low of 1,013p; stock among top pct losers on FTSE 100 .FTSE index ** Jefferies analyst says the insurer's nine-month premium growth of just 3% is one of the slowest in European insurance ** "The group stil

Reuters - 2 weeks ago

UK's Lancashire Holdings jumps on 9-month gross written premium growth

BUZZ-UK's Lancashire Holdings jumps on 9-month gross written premium growth ** Shares of non-life insurer Lancashire Holdings LRE.L jump 10.3% to 694p, hits over 1-month high ** Stock top pct gainer on FTSE midcaps .FTMC index ** Co's gross premiums written rose by 9.0% YoY to $1.7 bln for nine months ended Sept. 30 ** Co maintains FY return on equ

Reuters - 2 weeks ago

Lancashire Holdings Reports 9M Gross Premiums Written of $1.7 Bln

BRIEF-Lancashire Holdings Reports 9M Gross Premiums Written of $1.7 Bln Nov 6 (Reuters) - Lancashire Holdings Ltd LRE.L : GROSS PREMIUMS WRITTEN INCREASED BY 9.0% YEAR-ON-YEAR TO $1.7 BILLION 9MTH GROSS PREMIUMS WRITTEN $1.7 BILLION DECLARED SPECIAL DIVIDEND OF 75 CENTS PER COMMON SHARE ROE FOR YEAR AFFIRMED, COMBINED RATIO EXPECTED AT HIGHER END O

Reuters - 2 weeks ago

UK Stocks-Factors to watch on Nov. 6

UK Stocks-Factors to watch on Nov. 6 Nov 6 (Reuters) - Britain's FTSE 100 .FTSE index is seen opening flat on Wednesday, with futures FFIc1 largely unchanged. * U.S. ELECTIONS: A leading British think tank said that the country's already slow economic growth rate could be more than halved if Donald Trump wins the U.S. presidential election and imposes sweeping import tariffs.

Reuters - 4 weeks ago

Adecco, Bodycote, LVMH

EUROPE RESEARCH ROUNDUP-Adecco, Bodycote, LVMH Oct 23 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Adecco, Bodycote and LVMH, on Wednesday. HIGHLIGHTS * Adecco ADEN.S : Deutsche Bank raises to buy from hold * Bodycote Plc BOY.L : JP Morgan cuts target price to 670p from 750p * DNB Bank ASA DNB.OL : JP Morgan raises target price to NOK 230 from NOK 220 * Fabege AB FABG.ST : Kepler Cheuvreux raises to buy from hold * LVMH LVMH.PA

Reuters - 1 month ago

UK insurers gain; insured losses from hurricane Milton in focus

BUZZ-UK insurers gain; insured losses from hurricane Milton in focus ** Shares of UK's non-life insurers .FTNMX303020 index up 1.04%, outperforming FTSE 100 .FTSE index which is down 0.1% ** Beazley BEZG.L up 2.1% at 770p, Lancashire LRE.L up 4.5% at 654p and Hiscox HSX.L 1.5% higher at 1,125p ** Analysts expect losses for insurers to be lower than originally anticipated from hurricane Milton as it made a category 3 landfall ** Before it made landfall, analysts had expected Milton to lead to los

Reuters - 1 month ago

Hurricane Milton could cost insurers up to $100 billion, analysts say

UPDATE 3-Hurricane Milton could cost insurers up to $100 billion, analysts say Milton loss could reach $100 billion, matching Katrina Possible loss of $60 billion would be similar to Ian Reinsurance rates could increase and boost shares Updates with details from S&P Global report in paragraphs 10-11 By Carolyn Cohn and Noor Zainab Hussain LONDON, Oct 9 (Reuters) - Hurricane Milton could result in losses of up to $100 billion for the global insurance industry, creating a surge in 2025 reinsurance

Reuters - 1 month ago

Hurricane Milton could cost insurers up to $100 bln, analysts say

UPDATE 2-Hurricane Milton could cost insurers up to $100 bln, analysts say Milton loss could reach $100 bln, matching Katrina Possible loss of $60 bln would be similar to Ian Reinsurance rates could increase and boost shares Rewrites paragraph 1, adds Morningstar DBRS in paragraph 3 By Carolyn Cohn and Noor Zainab Hussain LONDON, Oct 9 (Reuters) - Hurricane Milton could result in losses of up $100 billion for the global insurance industry, creating a surge in 2025 reinsurance prices that could b

Reuters - 1 month ago

Hurricane Milton could cost insurers $60 bln, raise reinsurance rates, RBC says

Hurricane Milton could cost insurers $60 bln, raise reinsurance rates, RBC says Hurricane Milton loss could be $60 bln, similar to Hurricane Ian in 2022- RBC Milton due to hit Florida's Gulf Coast late Wednesday/early Thursday Rreinsurance rates could rise, boosting shares LONDON, Oct 9 (Reuters) - Hurricane Milton could result in a $60 billion loss for the global insurance industry, creating a surge in 2025 reinsurance prices which could boost some insurance companies' shares, analysts at RBC C

Reuters - 2 months ago

Reinsurers on watch for Hurricane Milton impact

LIVE MARKETS-Reinsurers on watch for Hurricane Milton impact STOXX 600 down 0.6% Miners, luxury lag Hong Kong stocks sink Wall St futures higher Welcome to the home for real-time coverage of markets brought to you by Reuters reporters. You can share your thoughts with us at markets.research@thomsonreuters.com REINSURERS ON WATCH FOR HURRICANE MILTON IMPACT The densely populated west coast of Florida, still reeling from the devastating Hurricane Helene less than two weeks ago, is bracing for land

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