Lancashire Holdings Ltd 2012 AR2
The report outlines Lancashire Holdings Limited's financial and operational performance for the 2012 fiscal year, highlighting a return on equity of 16.7% and a combined ratio of 63.9%. Despite major industry losses from Hurricane Sandy and the Costa Concordia disaster, the company maintained strong underwriting discipline and expanded its capital mix by issuing $130 million in senior unsecured notes. Additionally, the company launched Saltire, a new collateralized reinsurance vehicle, to build partnerships with capital market participants. In terms of corporate responsibility, Lancashire remained carbon neutral by offsetting 1,692 tonnes of CO2e emissions and donated $2.0 million to the Lancashire Foundation to support global and local charitable initiatives.
Company: Lancashire Holdings Ltd
Sector: Finance & insurance
Country: Bermuda
Year: 2012
Type: AR2
Pages: 144
Lancashire Holdings Ltd
The report outlines Lancashire Holdings Limited's financial and operational performance for the 2012 fiscal year, highlighting a return on equity of 16.7% and a combined ratio of 63.9%. Despite major industry losses from Hurricane Sandy and the Costa Concordia disaster, the company maintained strong underwriting discipline and expanded its capital mix by issuing $130 million in senior unsecured notes. Additionally, the company launched Saltire, a new collateralized reinsurance vehicle, to build partnerships with capital market participants. In terms of corporate responsibility, Lancashire remained carbon neutral by offsetting 1,692 tonnes of CO2e emissions and donated $2.0 million to the Lancashire Foundation to support global and local charitable initiatives.
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Document Details
Report Year
2012
Reporting Period
Jan 1, 2012 - Dec 31, 2012
Fiscal Year
2012
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
Women on Board
Women in Management