Insight and Intelligence on the London & International Insurance Markets

20 April 2018

Search archive

Chaucer places part of 2015 YoA into run-off

John Hewitt Jones 29 March 2018

Chaucer is set to reinsure to close (RITC) its UK division's book of business for the 2015 year of account (YoA).

The carrier announced the plan in Syndicate 1084's results for 2017. The news follows confirmation yesterday that Chaucer parent The Hanover is considering selling the Lloyd's business.

Antares Syndicate 1274 will assume liability for the UK division's book for the 2015 YoA for a nominal £1 ($1.41) since the reserves were zero as of year-end.

Chaucer has clearance from...


If you are a non-subscriber but would like to be able to view this article, then please go to our Publications page for further information on joining our readership



Share:

Euromoney Trading Limited - 3rd Floor, 41 Eastcheap, London, EC3M 1DT, United Kingdom. The content of this website is copyright of Euromoney Trading Limited 2018. All rights reserved Euromoney Trading Limited actively monitors usage of our website and products and reserves the right to terminate accounts if abuse occurs.

Π