Cintia Cheong
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Lancashire reveals first IFRS 17 insurance revenue
Lancashire reveals first IFRS 17 insurance revenue
Specialty re/insurer Lancashire earned 31.6% more revenues in the first three months of the year under the new accounting standard IFRS 17. IFRS 17 insurance revenue increased by 31.6% year-on-year to $338.7m (£271.6m) in Q1, said the Bermuda-based
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