REG-Lancashire Holdings Limited: S&P Global Ratings Upgrade

Lancashire HoldingsAnnouncement

19/12/2025 14:00

LANCASHIRE HOLDINGS LIMITED

 

19 December 2025

Hamilton, Bermuda          
           

Lancashire announces S&P Global Ratings upgrade to ‘A’ with stable outlook

 

Lancashire Holdings Limited (the “Company”) announces that S&P Global
Ratings (“S&P”) has raised its long-term issuer credit and financial
strength ratings on the Company’s core (re)insurance operating subsidiaries
to 'A' from 'A-'.

 

It has also raised its long-term issuer credit rating on the Company to 'BBB+'
from 'BBB'. The outlook is stable.

 

Announcing the ratings action, S&P said Lancashire continues to strengthen its
competitive position through broader product offerings, an expanded geographic
footprint, and growth in less          -          volatile lines.

 

It said these developments have improved portfolio resilience and earnings
quality, enhancing the Company's ability to absorb losses through earnings.

 

It added that the stable outlook reflects S&P’s expectations that Lancashire
will sustain improved operating earnings while effectively executing its
diversification strategy. It also expects that the Company's strong enterprise
risk management framework will keep pace with its expansion into new business
lines and regions.

 

For further information, please contact:

 Lancashire Holdings Limited      Christopher Head  chris.head@lancashiregroup.com         
 Jelena Bjelanovic                                  jelena.bjelanovic@lancashiregroup.com  

 

About Lancashire

 

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

 

Lancashire’s common shares trade in the equity shares (commercial companies)
category 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 was submitted for publication, through the agency of the contact
persons set out above, at 1.55pm GMT on 19 December 2025.

 

 

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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