Global insurer Lancashire Holdings Ltd. is now listed on the Bermuda Stock Exchange (BSX), after the listing of more than up to 195 million of its common shares was approved.

Greg Wojciechowski, president and chief executive officer of the BSX, said: "We are delighted to welcome Lancashire Holdings Ltd. to the Official List of the BSX. Lancashire Holdings joins a prestigious group of domestic companies and Bermuda-based international insurance and reinsurance entities that have listed on the BSX.

"Over the years, many to most of these Bermuda-based international insurance and reinsurance companies have sought secondary listings on the BSX creating critical mass. We look forward to continuing this momentum and developing additional services that will support the insurance industry sector in Bermuda."

Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a global provider of specialty insurance products. Its insurance subsidiaries carry the Lancashire group rating of A minus (excellent) from A.M. Best with a stable outlook.

Lancashire has capital in excess of $1 billion and its common shares trade on AIM under the ticker symbol LRE.

First Bermuda Group Ltd. sponsored the listing.