Business Services Industry
LaSalle Re Holdings to Pay Preferred Dividend
Business Wire, June 29, 2001
Business Editors
HAMILTON, Bermuda--(BUSINESS WIRE)--June 29, 2001
LaSalle Re Holdings Limited, a wholly owned subsidiary of Trenwick Group Ltd. (NYSE:TWK), announced today that its Board of Directors declared a dividend on June 29, 2001 of $.5469 per share on LaSalle Re Holdings Limited's Series A Preferred Shares (NYSE:LSH pa).
The dividend is payable September 1, 2001 to preferred shareholders of record on July 31, 2001.
LaSalle Re Holdings Limited, through its operating company, LaSalle Re Limited, writes high severity, low frequency reinsurance, primarily property catastrophe reinsurance, on a worldwide basis.
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