lancashire holdings

Elaine Whelan, the Chief Financial Officer (CFO) of Lancashire Group and executive director and Chief Executive Officer (CEO) of Lancashire’s Bermuda-based subsidiary, Lancashire Insurance Company Limited, is to retire from the company in 2020.

Kinesis Capital Management, the third-party collateralized reinsurance arm of Lancashire Holdings, is seeing much more in the way of underwriting opportunities in the currently turning market, according to Alex Maloney, CEO of Lancashire.

There is evidence that the insurance and reinsurance market is going through a transition right now, according to Lancashire Holdings CEO Alex Maloney.

Assets under management held by Kinesis Capital Management, the collateralized retrocessional reinsurance unit of specialty re/insurer Lancashire Holdings Limited, grew its assets under management 20% year-on-year.

Specialty insurance and reinsurance group Lancashire Holdings Limited has benefitted from setting prudent reserves for the major hurricanes of 2017, reporting today that its ultimate loss estimates for those events have fallen when others have crept higher.

Kinesis Capital Management, the third-party capital underwriting operations of specialty insurance and reinsurance firm Lancashire Holdings has hired Saphia Charters as the firms new Controller for Finance and Operations.

In reporting its results today, the CEO of specialty insurance and reinsurance group Lancashire Holdings Limited said he is anticipating a more disciplined market in terms of pricing at the key January 2019 renewals.

Specialty insurance and reinsurance group Lancashire Holdings Limited has pre-announced some expected third-quarter catastrophe and marine losses, which the firm expects will drive it to a negative return on equity for the quarter.

Kinesis Capital Management has delivered higher underwriting fees to parent specialty insurance and reinsurance group Lancashire Holdings Limited for the second-quarter, but the profit commissions from 2017 remain trapped following the major catastrophes experienced.

Commentary on rate improvements experienced at specialty insurance and reinsurance group Lancashire Holdings Limited suggest that the enlarged portfolio underwritten by its third-party collateralized reinsurance capital unit Kinesis Capital Management will deliver more profits throughout the year ahead.