Business
Moody's Rating Announcement
Moody's Rating Announcement.
About this update from Lancashire Holdings Limited
[{"type":"text","content":"\n \n Lancashire Holdings Limited \n\n28 October 2010\n\nHamilton, Bermuda\n\n Lancashire Holdings Limited Announces Moody's Investor Service Ratings of A3 \n and Baa2; Outlook Stable \n\nLancashire Holdings Limited (\"Lancashire Holdings\") advised that Moody's\nInvestor Service (\"Moody's) has today announced the assignment of an \"A3\"\nfinancial strength rating to its wholly owned operating subsidiaries Lancashire\nInsurance Company Limited and Lancashire Insurance Company (UK) Limited.\nConcurrently, Moody's has assigned a \"Baa2\" long-term issuer rating to\nLancashire Holdings. The outlook on all of these entities is stable.\n\nFor further information, please contact:\n\nLancashire Holdings + 441 278 8960 or + 44 (0)207 264 4066 \nNeil McConachie \nJonny Creagh-Coen \n \nHaggie Financial +44 (0)20 7417 8989 \nPeter Rigby \nCharlotte Ens \n\nAbout Lancashire\n\nLancashire, through its UK and Bermuda-based insurance subsidiaries, is a\nglobal provider of specialty insurance products. Its insurance subsidiaries \ncarry the Lancashire group rating of A minus (Excellent) from A.M. Best with \na positive outlook and an A minus financial strength rating from Standard & \nPoor's (\"S&P\") with a stable outlook. Lancashire has capital in excess of \n$1 billion and its Common Shares trade on the main market of the London \nStock Exchange under the ticker symbol LRE. Lancashire is headquartered at \nPower House, 7 Par-la-Ville Road, Hamilton HM 11Bermuda. The mailing address\nis Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX, Bermuda. \nFor more information on Lancashire, visit the Company's website at\nwww.lancashiregroup.com\n\nNOTE REGARDING FORWARD-LOOKING STATEMENTS:\n\nCERTAIN STATEMENTS AND INDICATIVE PROJECTIONS (WHICH MAY INCLUDE MODELED LOSS\nSCENARIOS) MADE THAT ARE NOT BASED ON CURRENT OR HISTORICAL FACTS ARE\nFORWARD-LOOKING IN NATURE INCLUDING WITHOUT LIMITATION, STATEMENTS CONTAINING\nTHE WORDS 'BELIEVES', 'ANTICIPATES', 'PLANS', 'PROJECTS', 'FORECASTS',\n'GUIDANCE', 'INTENDS', 'EXPECTS', 'ESTIMATES', 'PREDICTS', 'MAY', 'CAN',\n'WILL', 'SEEKS', 'SHOULD', OR, IN EACH CASE, THEIR NEGATIVE OR COMPARABLE\nTERMINOLOGY. ALL STATEMENTS OTHER THAN STATEMENTS OF HISTORICAL FACTS\nINCLUDING, WITHOUT LIMITATION, THOSE REGARDING THE GROUP'S FINANCIAL POSITION,\nRESULTS OF OPERATIONS, LIQUIDITY, PROSPECTS, G...