GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lancashire Holdings Ltd (OTCPK:LCSHF) » Definitions » Tax Rate %

Lancashire Holdings (Lancashire Holdings) Tax Rate % : 1.93% (As of Dec. 2023)


View and export this data going back to 2006. Start your Free Trial

What is Lancashire Holdings Tax Rate %?

Tax Rate % is calculated as Tax Expense divided by its Pre-Tax Income. Lancashire Holdings's Tax Expense for the six months ended in Dec. 2023 was $3 Mil. Lancashire Holdings's Pre-Tax Income for the six months ended in Dec. 2023 was $166 Mil. Therefore, Lancashire Holdings's Tax Rate % for the quarter that ended in Dec. 2023 was 1.93%.

Lancashire Holdings Tax Rate % Historical Data

The historical data trend for Lancashire Holdings's Tax Rate % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lancashire Holdings Tax Rate % Chart

Lancashire Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tax Rate %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.09 23.73 -8.45 10.40 3.37

Lancashire Holdings Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Tax Rate % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.26 9.09 9.53 4.78 1.93

Lancashire Holdings Tax Rate % Calculation

Tax Rate % is the ratio of tax expense divided by pretax income, usually presented in percent.

Lancashire Holdings's Tax Rate % for the fiscal year that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (A: Dec. 2023 )/Pre-Tax Income (A: Dec. 2023 )
=11.2/332.7
=3.37 %

Lancashire Holdings's Tax Rate % for the quarter that ended in Dec. 2023 is calculated as

Tax Rate %=Tax Expense (Q: Dec. 2023 )/Pre-Tax Income (Q: Dec. 2023 )
=3.2/165.5
=1.93 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Lancashire Holdings Tax Rate % Related Terms

Thank you for viewing the detailed overview of Lancashire Holdings's Tax Rate % provided by GuruFocus.com. Please click on the following links to see related term pages.

Lancashire Holdings (Lancashire Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Lancashire Holdings Ltd (OTCPK:LCSHF) » Definitions » Tax Rate %
Comparable Companies
LSE:JUST LSE:RQIH LSE:BEZ FNF SAU:8210 AIZ ASX:MPL RYAN ESNT FAF MTG AXS ACT RDN AGO NMIH ASX:NHF JSE:SNT CAS:WAA OSL:PROT
Traded in Other Exchanges
LREl:UK LRE:UK
Address
7 Par-la-Ville Road, Power House, Hamilton, BMU, HM 11
Website
https://www.lancashiregroup.com
Lancashire Holdings Ltd is a specialty insurer and reinsurer. More than two-thirds of the premiums it receives are for insurance and reinsurance contracts that cover the United States and Canada or offshore areas throughout the world. Property insurance and reinsurance premiums provide the largest portion of the company's revenue. The company also provides insurance in the energy, marine, and aviation segments. More than a third of the company's premiums come through the company's Cathedral platform, which consists of two syndicates within Lloyd's market.