November 1, 2018 / 7:19 AM / 13 days ago

Lancashire posts much smaller quarterly loss than year earlier

Nov 1 (Reuters) - Property and casualty insurer Lancashire Holdings Ltd reported a smaller quarterly loss on lower catastrophe claims than last year when it bore the brunt of many hurricanes and the Mexican earthquakes.

Pretax loss narrowed to $25.3 million for the three months ended Sept. 30 from $136.4 million in the year-earlier period, the company said. It also announced a special dividend of $0.20 per share. (Reporting by Muvija M in Bengaluru; Editing by Gopakumar Warrier)

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