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Lancashire expects hurricane Ian losses of up to $190 million

Posted On: Nov. 4, 2022 10:07 AM CST

Alex Maloney, chief executive at Bermuda-based insurer and reinsurer Lancashire Holdings Ltd., said that the company’s Hurricane Ian losses will be within expectations and in a range from $160 million to $190 million, Artemis reported. Its gross premiums written for this year so far have increased by 34% year-on-year to $1.3 billion.