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Lancashire Insurance Company Limited appoints Simon Fascione as Head of Underwriting
Hamilton, Bermuda – 21 September, 2010 - Lancashire Holdings Limited (“Lancashire” or “the Company”) (Ticker: LHL BH) announces that Lancashire Insurance Company Limited (“Lancashire Bermuda”), the Bermuda operating subsidiary of the Company, is pleased to announce the appointment of Simon Fascione to the position of Head of Underwriting reporting to Charles Mathias the Chief Underwriting Officer. The title recognizes Simon’s wide-ranging responsibilities on both the inwards and outwards portfolios and his leading role in both.
Simon joined Lancashire in October 2006, having previously worked at Brit Insurance as a reinsurance treaty underwriter. He has broad underwriting responsibilities but focuses particularly on the property account with an emphasis on excess of loss and retrocessional catastrophic loss protections. Simon also handles Lancashire Bermuda’s Gulf of Mexico Energy account and participates on the structuring and placement of Lancashire Bermuda's outwards reinsurance programme.
The Lancashire group specialises in the underwriting of property catastrophe, energy, marine, aviation and terrorism insurance and reinsurance.
For further information please contact:
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Lancashire Holdings |
+ 44 (0)20 7264 4066 |
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Jonny Creagh-Coen or |
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Haggie Financial |
+44 (0)20 7417 8989 |
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Peter Rigby or Charlotte Ens |
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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 positive outlook and an A minus financial strength rating from Standard & Poor’s (“S&P”) 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 11Bermuda. 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
Lancashire Insurance Company Limited is regulated by the Bermuda Monetary Authority in Bermuda. Lancashire Insurance Company (UK) Limited is regulated by the Financial Services Authority in the UK.