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Lancashire Holdings Limited Announces Upgraded Standard & Poor’s Ratings
Hamilton, Bermuda – 19 May, 2010 - Lancashire Holdings Limited (“Lancashire” or “the Company”) (Ticker: LHL BH) today announced that Standard & Poor’s Rating Services (“S&P”) has assigned an “A-” counter-party credit rating and financial strength rating on its subsidiaries Lancashire Insurance Company Limited and Lancashire Insurance Company (UK) Limited. Concurrently, S&P has assigned its “BBB” counter-party credit rating on the Company. The outlook on all of these entities is stable.
For further information please contact:
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Lancashire Holdings |
+ 44 (0)20 7264 4066 or |
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Jonny Creagh-Coen or |
441 278 8960 |
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Haggie Financial |
+44 (0)20 7417 8989 |
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Peter Rigby or Henny Breakwell |
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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.