Lancashire pledges to work hard as COR and GWP deteriorate
Lancashire Holdings has reported a combined ratio of 78.2% in the second quarter of 2015 and a year-to-date COR of 75.1%, with both results representing deterioration on the insurer's 2014 performance.
Lancashire recorded a 74.6% combined ratio in Q2 last year and a 70.6% COR for the six months ended 30 June 2014.
Gross written premiums for Q2 dropped significantly on the Q2 2014 result to $179.3m (
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