Lancashire Capital Management fee income rises 6% in 2021
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Lancashire Capital Management fee income rises 6% in 2021

lancashire bermuda.jpg

Lancashire Capital Management (LCM) generated base fee income of $10.6mn in 2021, up 6% compared to $10.0mn in 2020, as the sidecar vehicle delivered a loss on the back of 2021 cat events.

The ILS vehicle delivered a loss of $3.9mn to Lancashire group, mostly driven by nat-cat losses in the first and third quarters.

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