Added to YB: 2026-08-06
Pitch date: 2026-07-31
LRE.L [neutral]
Lancashire Holdings Limited
-2.06%
current return
Author Info
No bio for this author
Company Info
Lancashire Holdings Limited, together with its subsidiaries, provides specialty insurance and reinsurance products in London, Bermuda, and Australia.
Market Cap
GBP 1.9B
Pitch Price
GBP 6.01
Price Target
N/A
Dividend
18.51%
EV/EBITDA
4.71
P/E
6.18
EV/Sales
1.19
Sector
Insurance
Category
dividend
Theodosian Capital | Stocks Update 31/7/2026 - LRE – H1 results
LRE.L (earnings): H1 GWP $1.32bn (vs $1.36bn), profit $142m (up from $109m), CoR improved to 80.7% from 87.4%, annualized ROE 19.6% (FY guide high-teens). BVPS $5.92. Baltimore Bridge provisions now at full limits. H1 below consensus but FY guidance held. Stable topline defies soft-pricing fears. 8.0x 2028 EPS, 10.9% yield.
Read full article (1 min)