Half Year 2024 Lancashire Holdings Ltd Earnings Call Transcript

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Aug 08, 2024

Aug 08, 2024 / 12:00PM GMT
Operator

Ladies and gentlemen, and welcome to the Lancashire Holdings Limited first-half 2024 earnings call. (Operator Instructions)

Please note this call is being recorded. I would now like to hand the conference over to your speakers today, Alex Maloney, Group CEO; Natalie Kershaw, Group CFO; Paul Gregory, Group CUO.

Thank you, Alex, please go ahead.

Alexander Maloney - Lancashire Holdings Ltd - Group Chief Executive Officer

Thank you, operator. Good morning, everyone. Thank you for joining our call today. As always, I'll just give some brief highlights of the progress we've made so far this year and the priorities for our business. Paul will then focus on the underwriting trends and Natalie will cover the financials and then we'll go to Q&A.

We've delivered an outstanding result for the first-half of 2024. It's our best ever since the inception of Lancashire. Our return on equity as measured by the change in diluted book value per share of 14% is the strongest it has ever been for the first six months of any year since Lancashire was

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