REG-Lancashire Hld Ltd: Directorate Change - Appointment of Group CFO

Lancashire HoldingsAnnouncement

05/12/2019 07:05

LANCASHIRE HOLDINGS LIMITED

5 December 2019

Hamilton, Bermuda

Directorate Change – Appointment of Group CFO

Lancashire Holdings Limited (“Lancashire”) today announces that Natalie
Kershaw will be appointed as the new Group Chief Financial Officer. 

Ms Kershaw will take up her role, and will join the Lancashire Board, with
effect from 1 March 2020. 

Ms Kershaw has nearly 20 years’ experience of the insurance/reinsurance
sector and is currently the Group’s Chief Accounting Officer.  She has been
with the Group since December 2009 and has worked in the Group’s offices in
both London and Bermuda.  Prior to that she had roles with Swiss Re and
PwC.   She is a Fellow of The Institute of Chartered Accountants in England
and Wales.

Ms Kershaw’s appointment follows Elaine Whelan’s decision to retire from
her roles with the Group, as announced on 24 May 2019.

Peter Clarke, Lancashire’s Chairman, said:

“My Board colleagues and I are delighted to announce Natalie’s appointment
as our new Group CFO and her appointment to the Board.  She has a detailed
knowledge of the Group and its activities and is an excellent choice to lead
the Group’s finance function going forward.  She will be working with
Elaine to ensure a smooth transition into her new role.”

Alex Maloney, Lancashire’s Group CEO, said:

“Natalie has been an insightful and dedicated member of the Group’s
finance team for nearly ten years, and it is testament to the strength of our
management team and her ability that we are announcing her appointment
today.  She is the right candidate for the roIe and I am sure she will add
further insight and analysis to the Board going forward.”

There are no details to disclose under paragraphs 9.6.13 R (1) to (6) of the
Listing Rules in relation to Ms Natalie Kershaw.

For further information, please contact:

 Lancashire Holdings Limited Christopher Head  +44 20 7264 4145 chris.head@lancashiregroup.com         
 Jelena Bjelanovic                             +44 20 7264 4066 jelena.bjelanovic@lancashiregroup.com  
 FTI Consulting                                +44 20 37271046                                         
 Edward Berry                                  Edward.Berry@FTIConsulting.com                          
 Tom Blackwell                                 Tom.Blackwell@FTIConsulting.com                         

About Lancashire

Lancashire, through its UK and Bermuda-based operating subsidiaries, is a
provider of global specialty insurance and reinsurance products.

Lancashire has capital of approximately $1.4 billion and its common shares
trade on the premium segment of the Main Market of the London Stock Exchange
under the ticker symbol LRE. Lancashire has its head office and registered
office at Power House, 7 Par-la-Ville Road, Hamilton HM 11, Bermuda.

The Bermuda Monetary Authority is the Group Supervisor of the Lancashire
Group.

For more information, please visit Lancashire’s website at
www.lancashiregroup.com.

This release contains information, which may be of a price sensitive nature
that Lancashire is making public in a manner consistent with the EU Market
Abuse Regulation and other regulatory obligations. The information was
submitted for publication, through the agency of the contact persons set out
above, at 07:00 GMT on 5 December 2019.

NOTE REGARDING FORWARD-LOOKING STATEMENTS:

ALL FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT OR OTHERWISE SPEAK ONLY AS
AT THE DATE OF PUBLICATION. LANCASHIRE EXPRESSLY DISCLAIMS ANY OBLIGATION OR
UNDERTAKING (SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR REGULATORY
OBLIGATIONS INCLUDING THE RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE
ANY UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENT TO REFLECT ANY
CHANGES IN THE GROUP’S EXPECTATIONS OR CIRCUMSTANCES ON WHICH ANY SUCH
STATEMENT IS BASED. ALL SUBSEQUENT WRITTEN AND ORAL FORWARD-LOOKING STATEMENTS
ATTRIBUTABLE TO THE GROUP OR INDIVIDUALS ACTING ON BEHALF OF THE GROUP ARE
EXPRESSLY QUALIFIED IN THEIR ENTIRETY BY THIS NOTE.



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