Lancashire sees 9M COR deteriorate but dividend still beats analyst expectations
Specialty insurer Lancashire saw its combined ratio deteriorate to to 74.5% for the first nine months of 2014, compared with 69.7% in the first three quarters of 2013.
The combined ratio for the third quarter reached 82.4% (Q3 2013: 90.8%) reflecting losses within the quarter).
Pre-tax profit grew over the third quarter to $36.1m (Q3: $25.7m) but this did not
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