First quarter GWP down at Lancashire
Specialist insurer Lancashire has posted slight decreases in gross written premiums, profit after tax and net operating profit for the first quarter of 2015.
GWP fell from $316.7m (£204m) in 2014 to $244.3m this year, a fall of 22%.
Profit after tax fell 10.6% from $60.1m in the first quarter of last year to $53.7m in the opening three months of 2015.
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