India, Nov. 4 -- Lancashire Holdings Limited (LRE.L), a specialty insurer and reinsurer, Wednesday reported a 1.1% decline in gross premiums written for the first nine months of 2026, while insurance revenue edged higher.
Gross premiums written declined 1.1% to $1.806 billion from $1.825 billion in the prior-year period. On an underlying basis, excluding reinstatement premiums related to last year's California wildfires, gross premiums written were flat.
Reinsurance gross premiums written decreased 6% to $969.5 million, while insurance gross premiums written increased 5.3% to $836.5 million.
Insurance revenue rose 0.7% to $1.410 billion from $1.400 billion a year ago. Reinsurance revenue declined 1.3% to $663.2 million, while insurance r...