Lancashire Holdings closes property business, COR remains strong

Lancashire Holdings, the Bermuda-based insurance company, has closed its property and onshore energy businesses after loss ratios proved troubling.

Lancashire Holdings, the Bermuda-based insurance company, has closed its property and onshore energy businesses after loss ratios proved troubling.

The decision to close these lines, along with the "facultative" operation will mean Lancashire can put capital into more profitable areas of the business.

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