Lancashire Holdings Ltd (LSE:LRE)
£ 6.59 0.02 (0.3%) Market Cap: 1.58 Bil Enterprise Value: 1.40 Bil PE Ratio: 5.63 PB Ratio: 1.28 GF Score: 79/100

Q3 2022 Lancashire Holdings Ltd Trading Statement Call Transcript

Nov 03, 2022 / 01:00PM GMT
Release Date Price: £5.57 (+5.69%)
Operator

Hello, and welcome to the Lancashire Holdings Limited Q3 2022 Results Call. (Operator Instructions) Please note, this call is being recorded. Today, I am pleased to present Alex Maloney, Group CEO; Natalie Kershaw, Group CFO; and Paul Gregory, Group CEO. I now hand over to Alex, please begin your meeting.

Alexander Terence Maloney
Lancashire Holdings Limited - Group CEO & Director

Okay. Thank you, operator. Good morning, everyone. I'll start with some key points for the quarter. I'll then hand over to Paul for a market update, and then naturally we run through financials. I'll then summarize and then we'll go to Q&A.

So if we just go to the first slide, we continue to grow our underwriting portfolio. All product lines are growing, depending on the underwriting opportunity. We do see a lot of opportunity in every product line. Clearly, our growth is driven by rate. It's probably the fifth consecutive year of rate change across most product lines. The impact of inflation is key. We see client demand increase pretty much possible. So good growth

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