Lancashire Holdings Limited · LSE:LRE
Lancashire — Q3 2025 Earnings Presentation
8 slides from Lancashire's earnings presentation, Nov 5, 2025
Slide 1: Investor Presentation: Q3 2025
Investor Presentation: Q3 2025
Slide 2: Safe harbour statements
Safe harbour statements NOTE REGARDING FORWARD-LOOKING STATEMENTS: CERTAIN STATEMENTS AND INDICATIVE PROJECTIONS (WHICH MAY INCLUDE MODELLED LOSS SCENARIOS) MADE IN THIS PRESENTATION OR OTHERWISE THAT ARE NOT BASED ON CURRENT OR HISTORICAL FACTS ARE FORWARD-LOOKING IN NATURE INCLUDING, WITHOUT LIMIT
Slide 3: Q3 2025 highlights: Strong operational performance
Q3 2025 highlights: Strong operational performance Strong third quarter with continued growth and disciplined and selective underwriting. Gross premiums written +7.4% year-on-year to $1.8 billion; Insurance revenue +7.8% year-on-year to $1.4 billion. Total investment return of 5.6%, including unreal
Slide 4: A diversified and profitable portfolio
A diversified and profitable portfolio Gross premiums written ($m) and cumulative Renewal Price Index (RPI) (%) for • Measured growth in the the first nine months 2021 to 2025 reinsurance segment across most lines including planned growth in areas of specialty reinsurance including 2,000.0 140% avia
Slide 5: Financial update
Financial update Loss environment • Insurance revenue increased by $101.8 million, or 7.8%, in the first nine • The third quarter months compared to the same period in 2024. catastrophe loss environment was • The increase in insurance revenue (vs gross premiums written) reflects relatively benign. p
Slide 6: Investments: Conservative short duration portfolio
Investments: Conservative short duration portfolio Asset Allocation Credit Quality Total investment portfolio and managed cash Fixed maturities and managed cash Other government bonds and debt, 4% Private investment funds, 9% AA, 34% US government bonds and agency debt, 14% A, 26% Managed cash and s
Slide 7: Outlook
Outlook • Strong balance sheet and conservative capital base. • Well-positioned to continue to support disciplined and selective growth and shareholder returns. • Clear strategy with capacity to navigate volatility through diversified portfolio across product lines and geographies. • Overall pricing
Slide 8: Contacts
Contacts Investor Relations Jelena Bjelanovic Lancashire Holdings Limited jelena.bjelanovic@lancashiregroup.com Media Peter Krinks Lancashire Holdings Limited peter.krinks@lancashiregroup.com FTI Consulting Tom.Blackwell@fticonsulting.com Registered and Head Office, Bermuda London Lancashire Holding