Lancashire Holdings pre-tax profits fall by 36% in H1 2016
The first half of 2016 saw pre-tax profits for specialist insurer Lancashire Holdings drop from £67.5m in H1 2015 to £43.1m.
The Group's net premiums earned, as a proportion of net premiums written was down 20.3% from H1 2015. The Group attributed the reduced earnings percentages to the timing of cancellations, replacements
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