Insurer Lancashire weathers COVID-19 storm in first quarter
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(Reuters) - Lancashire Holdings Ltd on Thursday reaffirmed its 2019 final dividend payout, underscoring the property and casualty insurer's lack of exposure to travel and other businesses that are most hit by the coronavirus crisis.Lancashire, which insures everything from ships and aircraft to damages from terrorism and war, said its investment portfolio saw a quarterly loss of 1.9% amid the broader market sell-off.Insurers are only just beginning to report on one of the most dramatic quarters..