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BUZZ-Lancashire: Stock retreat after recent strong gains

Reuters - UK Focus

** Shares (Berlin: DI6.BE - news) in Lancashire Holdings (Stuttgart: LNH.SG - news) retreat after recent strong gains

** Lancashire, which has jumped nearly 25 pct from the beginning of CY2015, down about 4 pct

** Traders say fall likely profit taking

** Lancashire shares have been soaring on increased speculation surrounding M&A in the Lloyd's of London market after huge insurance deals overseas

** Analysts say second-quarter pretax profit in line with expectations, though pressure on speciality lines continues (aashika.jain@thomsonreuters.com)