LANCASHIRE APPOINTS CHAIRMAN OF ENERGY

Hamilton, Bermuda – 29 January, 2010 - Lancashire Holdings Limited (“Lancashire” or “the Company”; Ticker: LHL.BH) today announced that Len Messenger has agreed to join the Lancashire Group as Chairman of Energy for the Company’s UK operating subsidiary, Lancashire Insurance Company (UK) Limited, based in London (“Lancashire UK”).  Len will be working closely with Giles Hussey, CEO of Lancashire Marketing Services (Middle East) Limited, to further develop and implement Lancashire’s Asian strategy.

Len will be joining Lancashire UK from Zurich Global Energy where he has worked for 17 years, holding various positions during that time.  Most recently, he held the role of Manager – Exploration & Production for the London market with special responsibility for the Asia Pacific and Middle East growth strategy for the Zurich group. 

Len has 35 years of underwriting experience in the London market and has served on a number of industry committees, including, as Chairman of the Joint Rig and Associated Business Committee, Chairman of the Energy and Offshore Committee and on the Executive Committee of the IUMI.

Alex Maloney, Group Chief Underwriting Officer, commented:

“We are delighted that Len will be joining Lancashire UK as Chairman of Energy. Len’s industry knowledge and considerable underwriting experience will enhance Lancashire’s abilities in this vital area. Len will concentrate on the implementation of our Asian strategy working closely with Giles Hussey.” 

Paula Porter, Chief Executive Officer of Lancashire UK, commented:

“I join Alex in welcoming Len to Lancashire UK.  We believe that Len’s extensive experience will enhance our London energy team and further demonstrates our commitment to the London market.”

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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 Power House, 7 Par-La-Ville Road, Hamilton HM 11, 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.