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Lancashire Holdings Limited – Results for the six months ended 30 June 2019
Hamilton, Bermuda: 25 July 2019 – In a filing with the Bermuda Stock Exchange (“BSX”), Lancashire Holdings Limited (“Lancashire” or “the Company”; Ticker: LHL BH) announced results for the six months ended 30 June 2019. The filing stated:
GROWTH IN FULLY CONVERTED BOOK VALUE PER SHARE, ADJUSTED FOR
DIVIDENDS, OF 6.9% YEAR TO DATE
COMBINED RATIO OF 86.6% YEAR TO DATE
INTERIM DIVIDEND OF $0.05 PER COMMON SHARE
FULLY CONVERTED BOOK VALUE PER SHARE OF $5.52 AS AT 30 JUNE 2019
25 July 2019
Hamilton, Bermuda
Lancashire Holdings Limited (“Lancashire” or “the Group”) today announces its results for the six months ended 30 June 2019.
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Financial highlights |
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30 June 2019 |
30 June 2018 |
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Fully converted book value per share |
$5.52 |
$5.70 |
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Return on equity1– YTD |
6.9% |
5.9% |
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Return on tangible equity2 – YTD |
7.9% |
6.9% |
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Operating return on average equity – YTD |
3.9% |
6.9% |
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Dividends per common share for the financial year3 |
$0.05 |
$0.05 |
(1) Return on equity is defined as the change in fully converted book value per share, adjusted for dividends.
2 Return on tangible equity excludes goodwill and other intangible assets. 3 See “Dividends” below for Record Date and Dividend Payment Date.
The full press release can be found by using the following link: