Latest Lancashire Holdings (LCSHF) Headlines
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Posted On: 03/10/2014 10:13:06 AM
Latest Lancashire Holdings (LCSHF) Headlines
A.M. Best Comments on Lancashire Holdings Limited's Proposed Acquisition of Cathedral Capital Limited
Business Wire - Thu Aug 08, 11:31AM CDT
A.M. Best Co. has commented that the ratings of Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE], Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire) remain unchanged following its announcement that it has entered into conditional agreements to acquire the entire issued and to be issued share capital of Cathedral Capital Limited (Cathedral), a privately owned Lloyd's insurer along with loan notes issued by Cathedral's subsidiary, Cathedral Capital (Investments) Limited.
A.M. Best Comments on Ratings of Lloyd's Syndicate 2010
Business Wire - Thu Aug 08, 11:30AM CDT
A.M. Best Europe - Rating Services Limited has commented that the financial strength rating of A (Excellent) and issuer credit rating (ICR) of "a+" of Lloyd's Syndicate 2010 (United Kingdom) remains unchanged following the recent announcement that Lancashire Holdings Limited (Hamilton, Bermuda) has entered into conditional agreements to acquire the entire issued and to be issued share capital of Cathedral Capital Limited (Cathedral), a privately owned Lloyd's insurer, along with loan notes issued by Cathedral's subsidiary, Cathedral Capital (Investments) Limited. Cathedral owns both Cathedral Underwriting Limited, which is the managing agent for Lloyd's Syndicate 2010 and Cathedral Capital (1998) Limited, a Lloyd's corporate member that provides a share of syndicate 2010's capital. The remaining capacity is provided by traditional Lloyd's names. The ratings of syndicate 2010 are underpinned by the financial strength of the Lloyd's market and are unaffected by the acquisition.
A.M. Best Revises Issuer Credit Rating Outlook to Positive for Lancashire Insurance Company Limited and Lancashire Holdings Limited
Business Wire - Wed Jun 19, 9:30AM CDT
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of "a" of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire). A.M. Best also has affirmed the financial strength rating of A (Excellent) of Lancashire. The outlook for the FSR is stable.
A.M. Best Comments on Lancashire Holdings Limited's Proposed Acquisition of Cathedral Capital Limited
Business Wire - Thu Aug 08, 11:31AM CDT
A.M. Best Co. has commented that the ratings of Lancashire Holdings Limited (Lancashire Holdings) (Hamilton, Bermuda) [LSE: LRE], Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire) remain unchanged following its announcement that it has entered into conditional agreements to acquire the entire issued and to be issued share capital of Cathedral Capital Limited (Cathedral), a privately owned Lloyd's insurer along with loan notes issued by Cathedral's subsidiary, Cathedral Capital (Investments) Limited.
A.M. Best Comments on Ratings of Lloyd's Syndicate 2010
Business Wire - Thu Aug 08, 11:30AM CDT
A.M. Best Europe - Rating Services Limited has commented that the financial strength rating of A (Excellent) and issuer credit rating (ICR) of "a+" of Lloyd's Syndicate 2010 (United Kingdom) remains unchanged following the recent announcement that Lancashire Holdings Limited (Hamilton, Bermuda) has entered into conditional agreements to acquire the entire issued and to be issued share capital of Cathedral Capital Limited (Cathedral), a privately owned Lloyd's insurer, along with loan notes issued by Cathedral's subsidiary, Cathedral Capital (Investments) Limited. Cathedral owns both Cathedral Underwriting Limited, which is the managing agent for Lloyd's Syndicate 2010 and Cathedral Capital (1998) Limited, a Lloyd's corporate member that provides a share of syndicate 2010's capital. The remaining capacity is provided by traditional Lloyd's names. The ratings of syndicate 2010 are underpinned by the financial strength of the Lloyd's market and are unaffected by the acquisition.
A.M. Best Revises Issuer Credit Rating Outlook to Positive for Lancashire Insurance Company Limited and Lancashire Holdings Limited
Business Wire - Wed Jun 19, 9:30AM CDT
A.M. Best Co. has revised the outlook to positive from stable and affirmed the issuer credit ratings (ICR) of "a" of Lancashire Insurance Company Limited (Hamilton, Bermuda) and Lancashire Insurance Company (UK) Limited (United Kingdom) (collectively known as Lancashire). A.M. Best also has affirmed the financial strength rating of A (Excellent) of Lancashire. The outlook for the FSR is stable.
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