Lancashire Holdings Limited announced the appointment of Bryan Joseph as a Non-Executive Director and a member of both the Audit and Underwriting and Underwriting Risk Committees with effect from 26 April 2023. Mr. Joseph has over forty years' experience as an actuary in the global insurance and reinsurance industry. Having begun his career at Legal & General, he held a number of senior actuarial roles in the industry including as a partner and global chief actuary within PwC.

Mr. Joseph joined the board of XL Catlin (now AXA XL) as an independent non-executive director serving in a variety of committee roles within the AXA XL group including as Chair of the audit committees, and most recently, as Chair of XL Insurance Company SE. Mr. Joseph is also a partner with Vario Partners LLP, which offers consultancy services within the insurance and reinsurance third party capital sector. As the Company previously announced in its 2022 Annual Report and Accounts and in the notice of its 2023 AGM, Simon Fraser, having completed nine years' service, stepped down from the Board at the conclusion of the 2023 AGM, which was held in the Company's Bermuda offices.

Mr. Fraser has also stepped down as a member of the Audit and Remuneration Committees.