Lancashire Holdings Q1 Premiums Fall 6.1%

Lancashire Holdings reported a 6.1% drop in Q1 2026 gross written premiums to $668.4 million, mainly due to missing California wildfire reinstatements.
Reinsurance revenue fell 14.8% to $411.0 million, while insurance revenue rose 12.0% to $257.4 million, boosting total insurance revenue 2.1% to $468.6 million.
The company’s managed investments were $3.22 billion, delivering 0.3% YTD net return and a 254% solvency ratio for 2025, above the 240% estimate.
Management kept FY2026 guidance for stable revenue, expenses and high‑teens ROE, noting limited exposure to Middle East events.