Lancashire Capital Management fees dwindle amid shift to balance sheet
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Lancashire Capital Management fees dwindle amid shift to balance sheet

Liz Bury
10 February 2023
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Lancashire Capital Management (LCM) fee income fell to $3.1mn for the year, as the sidecar’s gross written premium dropped by 72% to $38.4mn.

Trading Risk revealed yesterday that Lancashire had moved to renew deals previously written by the market-facing sidecar directly on its balance sheet at the 1 January renewal.

LCM’

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