Lancashire Holdings reports £250.6 million profit, covers Baltimore bridge disaster claims

Investment income also contributed to Lancashire’s strong financial standing, rising 33.5% to £112.9 million, with a total investment return of five%. Despite its gains, Lancashire absorbed £167.0 million in net losses from catastrophic and large-risk events, including hurricanes Milton, Helene, and Debby, storm Boris, and Calgary hailstorms.

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