LANCASHIRE HOLDINGS LIMITED
5 December 2019
Hamilton, Bermuda
Directorate Change
– Appointment of Group CFO
Lancashire Holdings Limited (“Lancashire”) today announces that
Natalie Kershaw will be appointed as
the new Group Chief Financial Officer.
Ms Kershaw will take up her role, and will join the Lancashire Board, with effect from 1 March
2020.
Ms Kershaw has nearly 20 years’ experience of the
insurance/reinsurance sector and is currently the Group’s Chief
Accounting Officer. She has been with the Group since
December 2009 and has worked in the
Group’s offices in both London and
Bermuda. Prior to that she had roles with Swiss Re and
PwC. She is a Fellow of The Institute of Chartered
Accountants in England and
Wales.
Ms Kershaw’s appointment follows Elaine Whelan’s decision to
retire from her roles with the Group, as announced on 24 May 2019.
Peter Clarke, Lancashire’s
Chairman, said:
“My Board colleagues and I are delighted to announce Natalie’s
appointment as our new Group CFO and her appointment to the
Board. She has a detailed knowledge of the Group and its
activities and is an excellent choice to lead the Group’s finance
function going forward. She will be working with Elaine to
ensure a smooth transition into her new role.”
Alex Maloney, Lancashire’s Group
CEO, said:
“Natalie has been an insightful and dedicated member of the
Group’s finance team for nearly ten years, and it is testament to
the strength of our management team and her ability that we are
announcing her appointment today. She is the right candidate
for the roIe and I am sure she will add further insight and
analysis to the Board going forward.”
There are no details to disclose under paragraphs 9.6.13 R (1) to (6) of the Listing Rules in
relation to Ms Natalie Kershaw.
For further information, please contact:
Lancashire Holdings
Limited
Christopher Head |
+44 20 7264 4145
chris.head@lancashiregroup.com |
Jelena Bjelanovic |
+44 20 7264 4066
jelena.bjelanovic@lancashiregroup.com |
FTI Consulting |
+44 20 37271046 |
Edward Berry |
Edward.Berry@FTIConsulting.com |
Tom Blackwell |
Tom.Blackwell@FTIConsulting.com |
About Lancashire
Lancashire, through its UK and
Bermuda-based operating
subsidiaries, is a provider of global specialty insurance and
reinsurance products.
Lancashire has capital of
approximately $1.4 billion and its
common shares trade on the premium segment of the Main Market of
the London Stock Exchange under the ticker symbol LRE. Lancashire has its head office and registered
office at Power House, 7 Par-la-Ville Road, Hamilton HM 11,
Bermuda.
The Bermuda Monetary Authority is the Group Supervisor of the
Lancashire Group.
For more information, please visit Lancashire’s website at
www.lancashiregroup.com.
This release contains information, which may be of a price
sensitive nature that Lancashire
is making public in a manner consistent with the EU Market Abuse
Regulation and other regulatory obligations. The information was
submitted for publication, through the agency of the contact
persons set out above, at 07:00 GMT
on 5 December 2019.
NOTE REGARDING FORWARD-LOOKING
STATEMENTS:
ALL FORWARD-LOOKING STATEMENTS IN THIS ANNOUNCEMENT OR OTHERWISE
SPEAK ONLY AS AT THE DATE OF PUBLICATION. LANCASHIRE EXPRESSLY DISCLAIMS ANY OBLIGATION
OR UNDERTAKING (SAVE AS REQUIRED TO COMPLY WITH ANY LEGAL OR
REGULATORY OBLIGATIONS INCLUDING THE RULES OF THE LONDON STOCK EXCHANGE) TO DISSEMINATE ANY
UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENT TO REFLECT
ANY CHANGES IN THE GROUP’S EXPECTATIONS OR CIRCUMSTANCES ON WHICH
ANY SUCH STATEMENT IS BASED. ALL SUBSEQUENT WRITTEN AND ORAL
FORWARD-LOOKING STATEMENTS ATTRIBUTABLE TO THE GROUP OR INDIVIDUALS
ACTING ON BEHALF OF THE GROUP ARE EXPRESSLY QUALIFIED IN THEIR
ENTIRETY BY THIS NOTE.