LANCASHIRE HOLDINGS LIMITED - Statement re Hurricanes Gustav and Ike and Investments. PR Newswire UK Disclose | October 13, 2008 | COPYRIGHT 2008 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information) Copyright

 
                          Lancashire Holdings Limited 
 
 
13 October 2008 
Hamilton, Bermuda 
 
 
          Preliminary Loss Estimates for Hurricanes Gustav and Ike 
                       and Comments on Investments 
 
 
Lancashire Holdings Limited ("Lancashire" or "the Company") today announced 
that it currently estimates that Hurricanes Gustav and Ike will have a combined 
net negative impact on its financial results of approximately US$150 million. 
Net negative impact includes the sum of gross claims and claims expenses, 
reinsurance recoveries and reinstatement premium. ...

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