Chaucer reports ’satisfactory’ Q1 performance
by David Masters
Story link: Chaucer reports ’satisfactory’ Q1 performance
Lloyd’s insurer Chaucer Holdings PLC has reported its results for the first quarter, with gross written premiums up marginally on year to £181.2 million.
This is compared to gross written premiums of £178.9 million for the first quarter of 2007.
The London-based insurer said that despite no major catastrophes during the quarter, insured market losses were high.
Furthermore, […]
Chaucer’s record profits exceed £89 million
by David Masters
Story link: Chaucer’s record profits exceed £89 million
Chaucer Holdings have announced their preliminary results for 2007, with record profits before tax of £89.4 million.
The Lloyd’s insurer saw profits increase by 4% for the year ending 31 December 2007. Gross written premiums, however, were down to £584.1 million compared to £594 million in 2006.
The groups combined ratio improved by 3.1 percentage points, […]
Chaucer Announce Growing Dividend Payments
by Stewart Douglas
Story link: Chaucer Announce Growing Dividend Payments
Insurance parent company Chaucer Holdings has today announced that its board of directors have recommended an increased dividend payment of £5.00 per share, up 25% from the dividend declared by the company last year, reflecting an increase in profitability overall from its insurance business divisions.
The company, which holds amongst others insurer Chaucer has announced that […]
Chaucer Announce Collaborative Syndicate Launch
by Stewart Douglas
Story link: Chaucer Announce Collaborative Syndicate Launch
Insurer Chaucer has today unveiled its plan in conjunction with a New York private equity partnership and a leading German insurance company to launch a new syndicate at Lloyd’s with an initial underwriting capacity in excess of £135m.
The collaboration will see Chaucer team up with US equity group Lightyear Capital and German-based Wurttembergische Versicherung […]
Chaucer Establishes New Syndicate
by Richard Kilner
Story link: Chaucer Establishes New Syndicate
A new Lloyd’s syndicate has been formed after Chaucer reached an agreement with Lightyear Capital from America and Württembergische Versicherung AG from Germany.
The Lloyd’s Franchise Board has given approval, in principle, for Antares Syndicate 1274 to begin writing next year, with an underwriting capability of £135m.
It will be managed by Chaucer’s Syndicates, and is sponsored […]
