Lancashire lifts third-party profit commission on 2019 results
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
  • Free Trial
  • Log in

Lancashire lifts third-party profit commission on 2019 results

Fiona Robertson, 
Samuel Casey
28 July 2021
  • X
  • LinkedIn
  • Show more sharing options
  • Print
  • X
  • LinkedIn
lancashire_logo_bermuda_2022_v2.png

Lancashire benefitted from $3.6mn of profit commission from its Lancashire Capital Management (LCM) division in H1 on the back of profits released from the 2019 portfolio, as its parent grew its top line by 41% in the first half of 2021.

The reinsurer had not earned any profit commission in the prior-year period. However, base LCM fee income was down by 11% to $2.4mn

Request a free trial:

Fuel a smarter strategy with our actionable market intelligence

    • Gain a competitive edge and accelerate decision-making
    • Be empowered by insights that transform confusion to clarity
    • Uncover growth opportunities and prepare for potential threats
Request a free trial Already a subscriber? Log in now

Topics

Lancashire GroupLancashire Capital ManagementResultsBermudaNews
fiona robertson/fiona robertson ii ils.png
Fiona Robertson
Editor-in-Chief
Contact
sam casey/sam casey ii ils.png
Samuel Casey
Senior Reporter
Contact
Gift this article