Q1 2023 Lancashire Holdings Ltd Trading Statement Call Transcript

Mar 26, 2024

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Apr 27, 2023 / 12:00PM GMT
Operator

Hello, and welcome to the Lancashire Holdings Limited Q1 2023 Earnings Call. (Operator Instructions) Please note, this call is being recorded. Today, I'm pleased to present Alex Maloney, Group CEO; Natalie Kershaw, Group CFO; and Paul Gregory, Group CEO. I will now hand over to Alex Maloney. Please begin.

Alexander Terence Maloney - Lancashire Holdings Limited - Group CEO & Director

Okay. Thank you, operator, and thank you for dialing in, everyone. I'll just give a quick summary of our quarter's activities, and then Paul will give you a more detailed view of the underwriting opportunity. And that's when we talk about finance, and then we'll go to questions. So our first quarter progress is in line with our long-term strategy of growing our business when the underwriting opportunity improves. As I told you, our last results update, our plan for 2023 is to continue to grow our premiums whilst continuing our work to diversify our underwriting portfolio, and I'm happy to confirm this is the case for the first quarter.

Our top-line growth in premiums is

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