LANCASHIRE HOLDINGS LIMITED.
LRE.LSE | Reinsurance
Lancashire Holdings Limited is a global provider of specialty insurance and reinsurance products. The company operates through various segments, offering a range of coverages including property, casualty, energy, marine, and aviation. Lancashire focuses on underwriting complex and specialty risks, l...Show More
Better Health for All
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Lancashire Holdings' core operations as an insurance company do not directly align with the 'Better Health for All' value, resulting in a neutral health impact and no revenue from products with direct health harms. The company's products do not have direct safety implications, require price accessibility considerations, involve serving vulnerable populations with health needs, carry health risks requiring disclosure, collect health-related data, hold healthcare-related patents, produce food/nutritional products, have addiction potential, or involve clinical trials. While the Lancashire Foundation has contributed over $23 million to various charitable causes, these are not specifically targeted at healthcare improvement or public health outcomes.
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Initiatives related to reducing carbon footprint, investing in renewable energy, and employee well-being are explicitly excluded from this value category as they pertain to environmental pollution control or workplace safety, respectively.
Fair Money & Economic Opportunity
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Lancashire Holdings Limited operates as a specialty insurer and reinsurer, a business model that does not involve offering consumer lending or deposit services. Consequently, KPIs related to consumer financial products, such as underserved client share, pricing fairness, exploitative fee exposure, fair lending compliance, wealth building outcomes, debt burden ratio, and geographic inclusion, are not applicable to the company's core operations. Similarly, data accessibility, as defined by open-banking APIs and customer control over financial data, is not relevant to an insurance company. While the company offers financial wellbeing workshops, the articles do not provide data on their reach or measurable outcomes. The Lancashire Foundation makes charitable donations, but the articles do not specify that these are reinvested in community finance or profit-sharing with underserved communities as defined by the rubric. There is also no information provided on the simplicity of its financial products.
Fair Pay & Worker Respect
50
Lancashire Holdings Ltd is an Accredited Living Wage Employer, ensuring all employees and contracted staff receive wages aligned with London Living Wage standards.
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In 2023, the company conducted an employee engagement survey with an 87% response rate
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, achieving a 90% overall engagement score
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, with 94% of respondents expressing pride in working at the company.
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Fair Trade & Ethical Sourcing
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Lancashire Holdings Limited operates in the specialty insurance sector, which does not involve material sourcing
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. Its supply chain is limited to professional services and office maintenance
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. Consequently, the company does not procure physical commodities that would require fair-trade certification or have traceable provenance data. Similarly, it does not source high-risk materials such as conflict minerals or uncertified palm oil. The company maintains a zero-tolerance approach to slavery and human trafficking within its operations and supply chains, supported by Third-Party Provider and Outsourcing Policies
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.
Honest & Fair Business
10
The company has reported no regulatory fines for ethical violations in the past three years.
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It maintains a zero-tolerance stance towards financial crimes, including bribery, supported by comprehensive prevention programs that protect employees reporting suspicious activities.
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A Whistleblower Policy is in place, offering confidentiality and ensuring no reprisals for whistleblowers, further bolstered by the implementation of a 24/7 ethics hotline in April 2025.
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Kind to Animals
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Lancashire Holdings Limited operates as a specialty insurance and reinsurance provider, a business model that does not directly involve animal welfare issues such as product manufacturing, animal testing, animal agriculture, or the use of animal-derived ingredients. Consequently, most KPIs related to direct animal welfare are not applicable to its operations. While the company demonstrates a commitment to broader environmental responsibility, including offsetting 100% of its carbon emissions
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and investing in sustainable initiatives
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, the provided articles do not offer specific, measurable data on biodiversity impact, species recovery, or habitat restoration metrics to assess its wildlife conservation efforts.
No War, No Weapons
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Lancashire Holdings Ltd, a specialty insurance provider, does not engage in the direct supply or production of military goods, nor does it pursue direct military contracts or profit from conflict facilitation.
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As an insurer, the company has no defense or arms-related activities in its core business, no dual-use products developed or sold, no exports requiring end-user certificates, and no defense business for its board to oversee.
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The company is not subject to the Arms Trade Treaty, has no dual-use portfolio, no weapons red lines needed, no exposure to any weapons, no defense assets to divest, no mineral inputs in its services, and no applicable technology development for peace tech. The company reported estimated net losses between $20 million and $30 million related to the conflict in Ukraine in 2022, reflecting exposure to geopolitical risks as an insurer, not direct involvement in military activities.
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The Lancashire Foundation made charitable donations, including to communities affected by natural disasters, but these are not explicitly peacebuilding or disarmament initiatives.
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Planet-Friendly Business
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The company achieved operational carbon neutrality for the period July 1, 2022, to June 30, 2023, by fully offsetting its greenhouse gas emissions.
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These offsets included verified credits, with 80% invested in carbon avoidance renewable energy projects in Asia
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and 20% in carbon sequestration through renewable energy projects in Chile and tree planting initiatives in the UK.
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Its London office is BREEAM 'excellent' certified
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and sources 100% renewable electricity.
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The company is a member of ClimateWise
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and incorporates ESG factors into its investment guidelines, with 96.7% of its externally managed investment portfolio overseen by UN PRI signatories.
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Lancashire monitors the ESG profile of its fixed maturity portfolio using the MSCI ESG rating tool
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and measures climate sensitivity via a Climate Value at Risk metric aligned with the Paris Accord 1.5°C goal.
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Respect for Cultures & Communities
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The company has 6 formal partnerships with community groups, including Waterstart Bermuda, the British Mountaineering Council’s Access and Conservation Trust, the Bermuda Underwater Exploration Institute, the Disasters Emergency Committee (DEC) via the British Red Cross, ClimateWise, and International Volunteer HQ.
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No cultural appropriation incidents are reported, which is consistent with its business model. No specific cultural impact assessment protocol is mentioned, as company operations do not directly impact cultural contexts. The company funds projects through the British Mountaineering Council’s Access and Conservation Trust to protect cliffs, uplands, mountains, and outdoor spaces across the United Kingdom and Ireland, with no reported incidents disrupting cultural or heritage sites.
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Free, Prior and Informed Consent (FPIC) processes are not applicable to its operations. No cultural incidents or response protocols are mentioned, as this is not applicable to its business model. New employees receive training on diversity matters, and all employees receive unconscious bias training, which are standard diversity components without specific cultural sensitivity training.
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Safe & Smart Tech
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Lancashire Holdings Limited provides users with comprehensive data control options, including rights to access, rectify, erase, and ensure data portability, as well as the ability to restrict or object to processing, withdraw consent, and complain.
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The company commits to responding to complaints within 30 days and queries within one month.
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Furthermore, Lancashire Holdings Limited states it operates in line with all relevant regulatory and legal requirements, specifically mentioning compliance with GDPR, the UK Data Protection Act, and Bermuda's PIPA.
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Zero Waste & Sustainable Products
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The company operates in the specialty insurance and reinsurance sector, offering intangible products. The provided articles focus on carbon footprint reduction, ESG integration, and climate change risk management, which are not directly related to waste management or sustainable products as defined by this value. There is no specific, quantitative evidence regarding waste diversion rates, product recyclability, packaging sustainability, recycled content, single-use plastic reduction, take-back programs, circular design principles, waste reduction initiatives, hazardous waste management, product durability, repairability, waste audit frequency, zero waste certification, waste disposal violations, material efficiency, packaging-to-product ratio, waste reduction targets, supplier waste requirements, or customer waste education.