Lancashire pre-tax profits rise in Q3 results
Lancashire Holdings has reported a 30.4% increase in third quarter pre-tax profits, up to $42.9m (£34.4m) from $32.9m (£26.4m) for the same period last year.
The company reported a combined ratio of 73.8%, up 3.6% from Q3 2015 and a return on equity of 3.1% in the third quarter, compared with 2.6% a year ago.
Despite the surge in profits, Lancashire's
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