Lancashire Holdings Ltd

Lobbying Transparency and Governance

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Lobbying Governance
Overall Assessment Analysis Score
Limited Lancashire discloses that its engagement activities are guided by an overarching ESG governance structure, but the information provided touches only lightly on how lobbying itself is managed. The company states that “the ESG Committee approved an ESG Framework and an ESG Strategy in 2021 which informs the Group's engagement activities and promotes a consistent approach” and that this Committee “is tasked with the oversight, co-ordination and internal management of the Group’s ESG strategy” while reporting quarterly to the Board-level Nomination, Corporate Governance and Sustainability Committee. These bodies are therefore cited as having an oversight or review role for the Group’s external engagement. In addition, Lancashire confirms a “public commitment … to conduct your engagement activities in line with the goals of the Paris Agreement”. However, beyond these general references, we found no evidence of a dedicated lobbying-governance policy, no description of procedures for checking whether direct advocacy or association memberships align with the company’s climate goals, and no indication that specific individuals are accountable for assessing lobbying positions; the references to the Board and committees focus on climate-risk and ESG oversight rather than the governance of lobbying per se. The disclosure therefore indicates some oversight of climate-related engagement but does not detail the mechanisms, monitoring, or alignment processes that would demonstrate a more robust lobbying governance framework.

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Lobbying Transparency
Overall Assessment Analysis Score
Limited Lancashire Holdings Ltd offers only limited insight into its climate-related lobbying. It notes participation in industry bodies such as the Association of Bermuda Insurers and Reinsurers Sustainability and Climate Committee, the Lloyd’s Market Association Sustainability Working Group and the IUA Climate Risk Committee, and says "Lancashire engages with relevant policymakers, governments, regulators and industry leaders to stay informed about and inform policy trends and issues," but it does not name the particular government departments, legislators or regulators it has approached, nor does it describe the specific channels—letters, consultations, or meetings—used in those engagements. The company likewise references policy frameworks it follows, stating "Our climate change-related reporting includes the UNPSI, TCFD and the PRA’s Supervisory Statement 3/19," yet it does not identify any concrete climate bills, regulations or rulemakings it has tried to influence. Finally, while it expresses general ambitions such as supporting "the transition to a lower-carbon economy" and developing insurance products for renewable energy, it provides no clear or measurable policy outcomes it is seeking through its lobbying. Together, these disclosures indicate only a broad acknowledgement of climate policy engagement rather than transparent, detailed reporting on what it lobbies for, how it does so, and what specific changes it wants to see enacted.

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