Lancashire net profits rise despite fall in premiums
Lancashire's net profits rose in the fourth quarter and in 2009 despite a fall in gross written premiums during the periods.
The Bermudian (re)insurer said that fourth quarter net profits rose to $129.6m, up from $81.1m in the fourth quarter of 2008, while in 2009, net profit rose to $385.4m from $97.5m in 2008.
Gross
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