Bermuda-based insurer Lancashire Holdings Ltd. has announced the resignation of Simon Burton as a director of the company.

Mr. Burton, who is leaving Lancashire Group to pursue other opportunities, will remain with the company until the end of June.

Richard Brindle, Lancashire's CEO, said: "Simon joined Lancashire in 2006, shortly after the group's formation. I have valued his intellect and his contribution to the success of the group since then. I am sorry that he has decided to leave us to pursue other opportunities and I wish him well."

Martin Thomas, chairman of Lancashire, said: "I would like to thank Simon for his contribution to the work of the board during his time as a director of the company and I wish him every success for the future."

Mr. Burton said: "I have been glad to be a part of Lancashire's achievements over the last few years. Now that the company is firmly established as part of the insurance world it is time for me to seek new challenges. I hope that the company continues to prosper after my departure."