Business
Planned Director Change at Lancashire Holdings Ltd
Planned Director Change at Lancashire Holdings Ltd.
About this update from Lancashire Holdings Limited
[{"type":"text","content":"\n \nRNS Number : 9346E Lancashire Holdings Limited 15 February 2018 \n\nLANCASHIRE HOLDINGS LIMITED\n \n15 February 2018\nLondon, UK\n \nPlanned Director Change at Lancashire Holdings Limited\n Lancashire Holdings Limited (\"Lancashire\") has today announced that Tom Milligan has decided to retire as a Non-Executive Director from the Lancashire board. Mr Milligan will stand down from his directorship with effect from 31 March 2018 and accordingly will not stand for re-election at this year's annual general meeting.\n \nPeter Clarke, Lancashire's Chairman, said:\n \n\"I would like to thank Tom for his valuable contribution as a member of our Board. In particular, Tom's executive knowledge in the insurance industry has helped inform our strategic planning in recent years and contributed to the success of our business. Tom has served as a director on the Lancashire board for over 3 years and he has decided to step down in order to pursue other opportunities. We wish Tom well for the future.\"\n \nFor further information, please contact: \n\n\n\n\nLancashire Holdings Limited\nChristopher Head\n\n\n \n+44 20 7264 4145\[email protected]\n \n\n\n\n\nJonny Creagh-Coen\n \n\n\n+44 20 7264 4066 \[email protected]\n\n\n\n\n\n\n\n\n\n\n\n\nHaggie Partners\n\n\n+44 20 7562 4444\n\n\n\n\nDavid Haggie\n\n\n(David Haggie mobile +44 7768332486)\n\n\n\n\n \nAbout Lancashire\n \nLancashire, through its UK and Bermuda-based operating subsidiaries, is a global provider of specialty insurance and reinsurance products. The Group companies carry the following ratings:\n \n\n\n\n\n\n\n\nFinancial Strength \nRating (1)\n\n\nFinancial Strength \nOutlook(1)\n\n\nLong Term Issuer \nRating (2)\n\n\n\n\nA.M. Best\n\n\nA (Excellent)\n\n\nStable\n\n\nbbb \n\n\n\n\nS&P Global Ratings\n\n\nA-\n\n\nPositive\n\n\nBBB\n\n\n\n\nMoody's\n\n\nA3 \n\n\nStable\n\n\nBaa2 \n\n\n\n\n(1) Financial Strength Rating and Financial Strength Outlook apply to Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited.\n(2) Long Term Issuer Rating applies to Lancashire Holdings Limited.\nCathedral benefits from Lloyd's ratings: A.M. Best: A (Excellent); S&P Global Ratings: A+ (Strong); and Fitch: AA- (Very Strong).\n \nLancashire has capital ...