In the Community

Lancashire set up the Lancashire Foundation, a Bermuda charitable trust, in 2007 with the aim of creating a charitable trust for the benefit of charitable causes in Bermuda and elsewhere. The Foundation’s trustee is an independent third-party professional trust company that makes donations following recommendations made by the Company’s Donations Committee, which consists of Lancashire employees and independent members. Specific criteria have been set for the Foundation’s charitable giving. These criteria include causes where Lancashire staff or independent Donations Committee members have a close relationship with those who operate the charity and therefore have the ability to monitor and influence outcomes.

In 2008 the Group supported various Bermudian charities and in recognition of the fact that a significant element of Lancashire’s business is connected to insuring against natural catastrophes, the decision was taken to support Médecins Sans Frontières, a charity that the Foundation views as well equipped to provide immediate and lasting humanitarian aid to people directly affected by such catastrophes due to its international presence.