Nat cats push Lancashire into loss at full year
Lloyd’s insurer Lancashire reported a net loss of $71.1m (£50.5m) for 2017 as fourth quarter natural catastrophes took their toll on its bottom line.
Lancashire saw profits slide from a net profit of $153.8m in 2016 to a loss of $71.1m for the year ended 31 December 2017.
The group’s gross premium written declined in 2017 to $591.6m compared to
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