Slide 1: Investor Presentation: Q1 2026
Investor Presentation: Q1 2026
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: Q1 2026 Proven active cycle management expertise
Q1 2026 Gross premiums written of $668.4 million Insurance revenue increased 2.1% year-on-year to $468.6 million Proven active cycle management expertise Proposal to combine Syndicates 3010 Total investment return of 0.3%, including and 2010 under Syndicate 3010 for unrealised gains and losses the 2
Slide 4: Gross premiums written and cumulative RPI
800.0 180% Focused on 700.0 170% managing the cycle 600.0 160% Gross premiums written ($m) Cumulative RPI (%) 500.0 150% 400.0 140% Top-line stable 300.0 130% Insurance: Growth driven by 200.0 120% energy and marine lines, and Lancashire US franchise 100.0 110% Reinsurance: Planned - 100% 2017 2018
Slide 5: Financial update
Financial update Insurance revenue increased by $9.7 million, or 2.1%, compared to Loss environment the same period in 2025 The loss environment 5 to written was 79.9% for the first The ratio of gross premiums earned during the first quarter of three months of 2026, consistent with the equivalent pe
Slide 6: High quality investment portfolio
High quality investment portfolio Investor presentation: Full-year 2025 Asset Allocation Credit Quality Quality conservative short Other government Private investment bonds and debt, 5% duration portfolio that US government funds, 11% AA, 35% complements our bonds and agency debt, 12% A, 25% underwr
Slide 7: 2026 focus and outlook
2026 focus and outlook Continued build-out of US platform 1 A consistent strategy and DNA The breadth and quality of our Proposed merger of Lloyd’s syndicates franchise and talent creates optionality across the cycle Strongly placed into next part of the underwriting cycle Expect a high teens RoE in
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