Lancashire Holdings (LRE) – Optimism in the face of global calamity
As an investor, it’s always nice to feel that your companies are doing something good for humanity.
Insurance companies might not be the most obvious candidates to generate such a feeling, but they do play a critical role in helping people to recover from disasters of all kinds.
Through its main platform, Lancashire provides insurance in relation to aircraft (3rd-party damage), energy (upstream and downstream), marine, property reinsurance and terrorism/political risk. In other words – when the worst things in the world happen, Lancashire is there to pick up the pieces.
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