Lancashire Holdings Limited · LSE:LRE
Lancashire — Q1 2025 Earnings Presentation
9 slides from Lancashire's earnings presentation, May 1, 2025
Slide 1: Investor Presentation: Q1 2025 Trading Statement
Investor Presentation: Q1 2025 Trading Statement
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 2025 highlights
Q1 2025 highlights Continued focus on profitable growth Gross premiums Regulatory ECR written ratio of 271% as increased by at 31 December 12.7% year-on- 2024 year to $712.1 million Total Insurance investment revenue return of 1.9%, increased by including 8.7% year-on- unrealised gains year to $458.
Slide 4: Continued focus on writing profitable business
Continued focus on writing profitable business Gross premiums written ($m) and cumulative Renewal Price Index (RPI) (%) for the first quarter 2021 to 2025 800.0 140% 700.0 120% • Gross premiums written increased by $80.4 million, or 12.7% compared to the 600.0 100% same period in 2024. Gross premium
Slide 5: Financials
. Lancashire Financials
Slide 6: Q1 2025 financial update
Q1 2025 financial update • Insurance revenue increased by 8.7% year-on-year to $458.9 million. • Estimated impact of the California wildfires remains consistent within the range $145 million to $165 million. • No other loss events were individually material for the Group. • As we outlined in March,
Slide 7: 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 Private investment AA, 35% bonds and debt funds 4% 8% US government bonds and agency debt A, 26% 13% Managed cash and shor
Slide 8: Why invest in Lancashire?
Why invest in Lancashire? Strong focus on our people and culture Owner Excellent We are delivering lower volatility and more manager steward of sustainable results due to: mentality capital • Strong underwriting and capital management. • Ability to attract quality people and the breadth of Lancashir
Slide 9: Contacts
Contacts Investor Relations Media Jelena Bjelanovic Peter Krinks FTI Consulting Lancashire Holdings Limited Lancashire Holdings Limited 200 Aldersgate, 20 Fenchurch Street, 20 Fenchurch Street, Aldersgate Street, London, EC3M 3BY London, EC3M 3BY London, EC1A 4HD E peter.krinks@lancashiregroup.com E