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LANCASHIRE HOLDINGS LIMITED 4 November 2021 Hamilton , Bermuda Lancashire Holdings Limited ( " Lancashire " or " the Group " ) today announces its trading statement for the nine months ended 30 September 2021 . Trading statement highlights Gross premiums written increased by 46.9 % year - on - year to $ 967.7 million . Group Renewal Price Index ( RPI ) of 110 % for the first nine months of 2021 . Remain strongly capitalised to take advantage of market opportunities in Q4 2021 and into 2022 . Continuing to build - out franchise with new teams . Loss experience from hurricane Ida and European floods , and political unrest in South Africa , in line with announcement on 21 October 2021 . Alex Maloney , Group Chief Executive Officer , commented : " As announced on 21 October 2021 , the Group had exposure to the recent natural catastrophe events and to the political unrest in South Africa . The Group's loss estimates for these recent events are within our expectations and risk appetites . Despite another challenging year of losses for Lancashire and the industry , I am very pleased with the Group's growth in premium in an improved and still - improving rating environment in many of our core business lines . We have reported an increase in gross premiums written of 46.9 % to $ 967.7 million for the year to date , delivering on our strategy to deploy more of our capital when pricing conditions are favourable . The devastating consequences of the recent catastrophe events remind us of the value of the insurance and risk solutions we sell , providing the opportunity for communities to rebuild following loss and disruption . Looking ahead , the Group remains strongly capitalised to be able to take advantage of the improving market , both for the rest of this year and to achieve our ambitious underwriting plans for 2022 . During the past nine months , we have welcomed a number of new colleagues who have been attracted by the strength of our franchise , our clear strategy , and our commitment to disciplined underwriting . They join a dedicated group of employees whose hard work , enthusiasm and expertise are the bedrock of Lancashire's success , and we are now starting to benefit from this investment . In addition , further new underwriting hires will join us in the coming months , in time for the January 2022 renewals . I have every confidence in our ability to continue to deliver outstanding service , maintain our discipline and maximise market opportunities in the final quarter of 2021 and into 2022. "