REG-Lancashire Hld Ltd: Directorate Change

Lancashire HoldingsAnnouncement

27/04/2023 07:45

LANCASHIRE HOLDINGS LIMITED

27 April 2023

Hamilton, Bermuda

Non-Executive Directorate Changes

Lancashire Holdings Limited (the “Company”) announces the appointment of
Bryan Joseph as a Non-Executive Director and a member of both the Audit and
Underwriting and Underwriting Risk Committees with effect from 26 April 2023.

Mr Joseph has over forty years’ experience as an actuary in the global
insurance and reinsurance industry. Having begun his career at Legal &
General, he held a number of senior actuarial roles in the industry including
as a partner and global chief actuary within PwC. Mr Joseph joined the board
of XL Catlin (now AXA XL) as an independent non-executive director serving in
a variety of committee roles within the AXA XL group including as Chair of the
audit committees, and most recently, as Chair of XL Insurance Company SE.  Mr
Joseph is also a partner with Vario Partners LLP, which offers consultancy
services within the insurance and reinsurance third party capital sector.  

As the Company previously announced in its 2022 Annual Report and Accounts and
in the notice of its 2023 AGM, Simon Fraser, having completed nine years’
service, stepped down from the Board at the conclusion of the 2023 AGM, which
was held yesterday in the Company’s Bermuda offices. Mr Fraser  has also
stepped down as a member of the Audit and Remuneration Committees.

Peter Clarke, Lancashire’s Chairman, said:

“We are delighted to welcome Bryan to the Lancashire Group as a
Non-Executive Director. Bryan has extensive experience as an actuary within
the international insurance industry and a proven track record as a director.
Bryan will be an excellent fit for the Group, bringing significant additional
expertise to the Board to help us deliver on our strategic ambitions.    

I would also like to thank Simon for his many years of valuable and insightful
service to our Board and the business. We wish him well for the future.”

Lancashire has been notified that there are no further details required to be
disclosed with respect to Mr Joseph’s appointment pursuant to paragraph
9.6.13R of the Listing Rules.

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  

About Lancashire

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

Lancashire’s 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 UK Market
Abuse Regulation and other regulatory obligations. The information was
submitted for publication, through the agency of the contact persons set out
above, at 07.35 BST on 27 April 2023.

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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