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Lancashire set for London IPO and 1/1 start-up

Lancashire holdings, the class of 2005 Bermudian (re)insurer set up by former Lloyd’s underwriter Richard Brindle is set to float on the AIM market in London next week.

The size of the equity fundraising is not yet known, however the company’s “10-day notice” listing the company described itself as follows:

“The Group has been newly established to take advantage of

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Paul Morden, Munich Re

Paul Morden, CEO of Munich Re UK’s branch is responsible for shaping and delivering reinsurance strategy across the UK and Ireland.

Jason Richards, Swiss Re

As CEO for UK & Ireland at Swiss Re, Jason Richards sits at the centre of one of the most influential reinsurance platforms in the London market, shaping how insurers respond to an increasingly volatile and complex risk environment.

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