Lancashire has reported a profit after tax of $159.3m after its first year of trading.

The company said operating income was $180.5m and gross written premiums amounted to $626m.

The combined loss ratio came in at just 44.3%.

Richard Brindle, chief executive officer and chief underwriting officer, commented: "Operationally, we have gone from being a start-up company to an established major underwriter in the market with sophisticated technical capabilities, a highly experienced underwriting team and 57 people across Bermuda, London and Dubai.

"In 2007, broker and client support remains extremely strong and the acceleration in business flow has been remarkable.”

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.