April 2004/2

Quoted Lloyd’s insurer Chaucer Holdings has announced an eightfold increase in profits, helped by supercharged premiums on the back of the hard market.

Controversial insurer CIC has become embroiled in a fresh scandal relating to an alleged US multimillion dollar employee health care fraud involving participants from both sides of the Atlantic.

Hard on the heels of last week’s surprise eleventh-hour postponement, insurer GoshawK finally released its 2003 results today (5 April, 2004).