Lancashire CEO upbeat on COR despite heavy Q3 losses
Lancashire Holdings chief executive Richard Brindle has heralded his group’s sub-70% combined operating ratio for the first nine months of the year, despite a third quarter deterioration, as testament to the “resilience of our portfolio”.
The firm, which is close to finalising a deal to acquire Cathedral Capital - opening up the Lloyd's platform to the business, saw its profit after tax fall from $182.5m for the opening nine months in
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