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Expansion of Lancashire Middle East to cover the Asia Pacific Region
Hamilton, Bermuda - 09 September, 2009 - Lancashire Holdings Limited ("Lancashire" or "the Company") (Ticker: LHL.BH) today announces the expansion of the Company's Middle East marketing operations, Lancashire Marketing Services (Middle East) Limited ("Lancashire Middle East") to cover the Asia Pacific region from its office in Dubai.
Giles Hussey, CEO of Lancashire Middle East, will lead the Company's marketing activity in the Asia Pacific region.
Alex Maloney, Group Chief Underwriting Officer, commented:
"We are very excited about entering the already well established insurance & reinsurance market in the Asia Pacific region. From Dubai, we are well positioned to extend our marketing reach into Asia, particularly to the dynamic Singapore hub of specialist placement brokers. We are confident that Lancashire's significant capacity will be welcomed by locally based brokers and we are already seeing exciting opportunities."
For further information, please contact:
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Lancashire Middle East |
+971 (0) 4 425 5102 |
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Giles Hussey |
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Haggie Financial |
+44 (0) 20 7417 8989 |
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Henny Breakwell or Peter Rigby |
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About Lancashire
Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global provider of specialty insurance products. Its insurance subsidiaries carry the Lancashire group rating of A minus (Excellent) from A.M. Best with a stable outlook. Lancashire has capital in excess of $1 billion and its Common Shares trade on the main market of the London Stock Exchange under the ticker symbol LRE. Lancashire is headquartered at Mintflower Place, 8 Par-La-Ville Road, Hamilton HM 08, Bermuda. The mailing address is Lancashire Holdings Limited, P.O. Box HM 2358, Hamilton HM HX, Bermuda. For more information on Lancashire, visit the Company's website at www.lancashiregroup.com.