Annual Information Update

Lancashire Holdings Limited                          

30 April 2009
Hamilton, Bermuda

Annual Information Update for the 12 months up to and including 29 April 2009.

In accordance with PR 5.2 Lancashire Holdings Limited (the "Company") sets out
below a summary of the information that has been published or made available to
the public over the previous twelve months, up to and including 29 April 2009.

The Company is registered in Bermuda and is not required to file documents with
Companies House in the United Kingdom.

The following regulatory announcements have been made via a Regulatory
Information Service:

27/04/2009   Lancashire Holdings Limited (LRE)  Extension of Octopus              
21/04/2009   Lancashire Holdings Limited (LRE)  Annual Financial Report           
09/04/2009   Lancashire Holdings Limited (LRE)  Notice of AGM                     
08/04/2009   Lancashire Holdings Limited (LRE)  Notice of Q1 2009 Results and     
                                                Conference Call                   
08/04/2009   Lancashire Holdings Limited (LRE)  Update on Ike Estimate, Comments  
                                                on Trading Conditions             
06/04/2009   Lancashire Holdings Limited (LRE)  AGM Record Date                   
02/04/2009   Lancashire Holdings Limited (LRE)  Block Listing                     
11/03/2009   Lancashire Holdings Limited (LRE)  Publication of Prospectus         
27/02/2009   Lancashire Holdings Limited (LRE)  Exercise of Warrant and Additional
                                                Listing                           
16/02/2009   Lancashire Holdings Limited (LRE)  Statement re Admission to the     
                                                Official List                     
16/02/2009   Lancashire Holdings Limited (LRE)  Notice of Investor Day            
16/02/2009   Lancashire Holdings Limited (LRE)  Full Year Results                 
11/02/2009   Lancashire Holdings Limited (LRE)  Notifiable Interest               
09/02/2009   Lancashire Holdings Limited (LRE)  Notifiable Interest               
07/01/2009   Lancashire Holdings Limited (LRE)  Notice of Q4 2008 Results and     
                                                Conference Call                   
18/12/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
16/12/2008   Lancashire Holdings Limited (LRE)  Lancashire announces Underwriting 
                                                Promotions                        
28/11/2008   Lancashire Holdings Limited (LRE)  Appointment of Chief Risk Officer 
21/11/2008   Lancashire Holdings Limited (LRE)  Appointment of Director and       
                                                Chairman 
20/11/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
20/11/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
19/11/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
13/11/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
27/10/2008   Lancashire Holdings Limited (LRE)  Third Quarter Results             
13/10/2008   Lancashire Holdings Limited (LRE)  Statement re Hurricanes Gustav and
                                                Ike and Investments               
08/10/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
06/10/2008   Lancashire Holdings Limited (LRE)  Intention to Move to Official List
02/10/2008   Lancashire Holdings Limited (LRE)  Notice of Results                 
19/09/2008   Lancashire Holdings Limited (LRE)  Investment Exposure               
08/09/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
01/09/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
29/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
28/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
27/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
26/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
22/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
21/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
20/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
19/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
18/08/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
18/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
15/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
14/08/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
14/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
13/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
12/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
11/08/2008   Lancashire Holdings Limited (LRE)  Lancashire Holdings Director      
                                                Shareholding                      
11/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
08/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
07/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
06/08/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
05/08/2008   Lancashire Holdings Limited (LRE)  Lancashire Holdings 2nd Quarter   
                                                Results                           
05/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
04/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
01/08/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
31/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
30/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
29/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
28/07/2008   Lancashire Holdings Limited (LRE)  Director/PDMR Shareholding        
28/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
25/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
24/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
23/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
22/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
21/07/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
21/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
18/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
17/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
16/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
15/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
14/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
11/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
10/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
09/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
08/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
07/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
04/07/2008   Lancashire Holdings Limited (LRE)  Close Period Announcement         
04/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
03/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
02/07/2008   Lancashire Holdings Limited (LRE)  Notice of Results                 
02/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
01/07/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
30/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
27/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
26/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
25/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
24/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
23/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
20/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
19/06/2008   Lancashire Holdings Limited (LRE)  Notifiable Interest               
18/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
18/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
17/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
16/06/2008   Lancashire Holdings Limited (LRE)  Director/PDMR Shareholding        
16/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
11/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
10/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
09/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
06/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
05/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
04/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
03/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
02/06/2008   Lancashire Holdings Limited (LRE)  Investor Days                     
02/06/2008   Lancashire Holdings Limited (LRE)  Appointment                       
02/06/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
28/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
22/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
21/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
20/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
19/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
16/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
15/05/2008   Lancashire Holdings Limited (LRE)  Transaction in Own Shares         
14/05/2008   Lancashire Holdings Limited (LRE)  Share Buyback Announcement        
13/05/2008   Lancashire Holdings Limited (LRE)  Share Buyback Announcement        
08/05/2008   Lancashire Holdings Limited (LRE)  Notice of Investor Days           
01/05/2008   Lancashire Holdings Limited (LRE)  Result of AGM                     
29/04/2008   Lancashire Holdings Limited (LRE)  1st Quarter Results               
                                                             
Any related documents are available at the UKLA's document viewing facility,
Financial Services Authority, 25 The North Colonnade, Canary Wharf, London, E14
5HS.

The Company's Annual Report for the period ended 31 December 2008 can be found
on the Company's website www.lancashiregroup.com. Copies of all the documents
referred to are also available for inspection at the Company's Bermuda office
at Mintflower Place, 8 Par-la-Ville Road, Hamilton HM 08, Bermuda during normal
business hours on week days.

In accordance with Article 27 (3) of the Prospectus Directive Regulations, it
is acknowledged that the information referred to in this Annual Information
Update was up to date at the time it was published but such disclosures may now
be or may at any time become out of date.

For further information, please contact:

Lancashire Holdings                                                            
Jonny Creagh-Coen                       [phone]                   
Greg Lunn                               [phone]                        
                                                                               
Financial Dynamics                      [phone]                   
Rob Bailhache                                                                  
Nick Henderson                                                                 

About Lancashire

Lancashire, through its UK and Bermuda-based insurance subsidiaries, is a
global provider of specialty insurance products. Its insurance subsidiaries
carry the Lancashire group rating of A minus (Excellent) from A.M. Best with a
stable outlook. Lancashire has capital in excess of $1 billion dollars and its
Common Shares trade on the main market of the London Stock Exchange under the
ticker symbol LRE. Lancashire is headquartered at Mintflower Place, 8
Par-La-Ville Road, Hamilton HM 08, Bermuda. The mailing address is Lancashire
Holdings Limited, P.O. Box HM 2358, Hamilton HM HX, Bermuda. For more
information on Lancashire, visit the Company's website at 
www.lancashiregroup.com.

                   NOTE REGARDING FORWARD-LOOKING STATEMENTS                   

CERTAIN STATEMENTS MADE IN THIS ANNOUNCEMENT THAT ARE NOT BASED ON CURRENT OR
HISTORICAL FACTS ARE FORWARD-LOOKING IN NATURE INCLUDING, WITHOUT LIMITATION,
STATEMENTS CONTAINING WORDS 'BELIEVES', 'ANTICIPATES', 'PLANS', 'PROJECTS',
'INTENDS', 'EXPECTS', 'ESTIMATES', 'PREDICTS', 'MAY','WILL', 'SEEKS', 'SHOULD'
OR, IN EACH CASE, THEIR NEGATIVE OR COMPARABLE TERMINOLOGY.  ALL STATEMENTS
OTHER THAN STATEMENTS OF HISTORICAL FACTS INCLUDING, WITHOUT LIMITATION, THOSE
REGARDING THE GROUP'S FINANCIAL POSITION, RESULTS OF OPERATIONS, LIQUIDITY,
PROSPECTS, GROWTH, BUSINESS STRATEGY, PLANS AND OBJECTIVES OF MANAGEMENT FOR
FUTURE OPERATIONS (INCLUDING DEVELOPMENT PLANS AND OBJECTIVES RELATING TO THE
GROUP'S INSURANCE BUSINESS) ARE FORWARD-LOOKING STATEMENTS.  SUCH
FORWARD-LOOKING STATEMENTS INVOLVE KNOWN AND UNKNOWN RISKS, UNCERTAINTIES AND
OTHER IMPORTANT FACTORS THAT COULD CAUSE THE ACTUAL RESULTS, PERFORMANCE OR
ACHIEVEMENTS OF THE GROUP TO BE MATERIALLY DIFFERENT FROM FUTURE RESULTS,
PERFORMANCE OR ACHIEVEMENTS EXPRESSED OR IMPLIED BY SUCH FORWARD-LOOKING
STATEMENTS.  THESE FORWARD-LOOKING STATEMENTS SPEAK ONLY AS AT THE DATE OF THIS
ANNOUNCEMENT OR OTHER INFORMATION CONCERNED. LANCASHIRE HOLDINGS LIMITED
EXPRESSLY DISCLAIMS ANY OBLIGATION OR UNDERTAKING (SAVE AS REQUIRED TO COMPLY
WITH ANY LEGAL OR REGULATORY OBLIGATIONS (INCLUDING the Prospectus Rules, the
Listing Rules, the Disclosure and Transparency Rules)) TO DISSEMINATE ANY
UPDATES OR REVISIONS TO ANY FORWARD-LOOKING STATEMENTS CONTAINED HEREIN TO
REFLECT ANY CHANGES IN THE GROUP'S EXPECTATIONS WITH REGARD THERETO OR ANY
CHANGE IN EVENTS, CONDITIONS OR CIRCUMSTANCES ON WHICH ANY SUCH STATEMENT IS
BASED.