The earnings call presented a largely positive outlook, with record profitability in Q2 2025 and increased ROE expectations. While there were challenges such as industry losses from California wildfires and slight increases in operating expenses, the company's strong investment performance and insurance revenue growth outweigh these issues.

Company Guidance -

Q2 2025

In the recent Q2 2025 earnings call for Lancashire, guidance was provided on several key metrics. The company achieved an annualized return on equity (ROE) of approximately 15% for the first half, with expectations of high teens ROE for the full year, assuming similar loss levels to 2024. This comes despite a significant California wildfire loss in Q1, demonstrating the resilience of their strategy. Total insurance revenue increased by 8.9% to $930 million, while the combined ratio was 97.8% undiscounted or 87.4% discounted. Gross premiums written experienced a growth of nearly 6%, or 3% excluding reinstatement premiums, reflecting disciplined growth ahead of rate. The company's capital position remains robust with a BSCR ratio just over 257%, allowing for selective growth and potential capital returns. The investment portfolio yielded a 3.7% return, benefiting from higher yields and falling treasury rates. Lancashire continues to manage its reserve buffers prudently, maintaining a confidence level of 85%. Overall, the call emphasized the company's strategic focus on disciplined growth, robust capital management, and delivering sustainable returns.

Record Q2 Profitability

Q2 2025 was the most profitable second quarter in Lancashire's history, demonstrating the effectiveness of their strategy.

Increased ROE Expectations

Annualized ROE upgraded to high teens for 2025, reflecting strong performance despite industry challenges.

Strong Investment Performance

Investment return for the first half of 2025 was 3.7%, driven by higher yields and strong performance of private investment funds.

Insurance Revenue Growth

Insurance revenue increased by 8.9% compared to the first half of 2024, reaching $930 million.

Underwriting Discipline and Resilience

Despite $80 billion in global catastrophe losses, Lancashire maintained a strong combined ratio and resilience in their portfolio.

Lancashire Holdings (GB:LRE) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:LRE Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Aug 06, 2025	2025 (Q2)	0.66 / 0.66	0.558	17.72% (+0.10)	―	―
Mar 06, 2025	2024 (Q4)	0.46 / 0.46	0.451	1.64% (<+0.01)	―	―
Aug 08, 2024	2024 (Q2)	0.29 / 0.56	0.476	17.39% (+0.08)	―	―
Mar 06, 2024	2023 (Q4)	0.42 / 0.45	-0.041	1189.29% (+0.49)	―	―
Nov 02, 2023	2023 (Q3)	- / -	0.31	―	―	―
Aug 10, 2023	2023 (Q2)	0.48 / 0.48	0.184	158.63% (+0.29)	―	―
May 04, 2023	2023 (Q1)	- / -	-0.45	―	―	―
Feb 10, 2023	2022 (Q4)	-0.04 / -0.04	-0.267	84.53% (+0.23)	―	―
Nov 03, 2022	2022 (Q3)	- / -	0.19	―	―	―
Jul 27, 2022	2022 (Q2)	0.14 / 0.18	0.113	62.75% (+0.07)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:LRE Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Aug 06, 2025	633.27p	627.32p	-0.94%
Mar 06, 2025	584.59p	552.58p	-5.48%
Aug 08, 2024	509.90p	500.55p	-1.83%
Mar 06, 2024	525.88p	524.71p	-0.22%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Lancashire Holdings (GB:LRE) report earnings?

Lancashire Holdings (GB:LRE) is schdueled to report earning on Aug 06, 2025, Before Open (Confirmed).

What is Lancashire Holdings (GB:LRE) earnings time?

Lancashire Holdings (GB:LRE) earnings time is at Aug 06, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Lancashire Holdings stock?

The P/E ratio of Lancashire Holdings is N/A.

What is GB:LRE EPS forecast?

GB:LRE EPS forecast for the fiscal quarter 2025 (Q2) is 0.67.

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