Lancashire CEO Brindle admits Aon/Berkshire deal concerns as it unveils $77.9m Q1 profit
Lancashire Holdings this morning reported a jump in pre-tax profit and post tax profit for the first quarter of 2013 to $78.9m (Q1 2012: $46.5m) and $ 77.9m (Q1 $45.6m) respectively.
The business saw its gross premium written fall slightly to $214.9m (Q1 2012: $234m) and its combined operating ratio improve to 51.2% (Q1 2012: 74%) after its accident year loss ratio was 29.7% (Q1
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