Chaucer
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The terrorism product, led by Chaucer, will offer an initial line size of $100mn. -
Casper was launched last year by Argenta deputy active underwriter Bradley Knight.
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Combined ratios have improved as prices rise and investments return to profit.
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The launch is Chaucer’s first foray into the class.
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Alexander Baker was a senior PV, war and terrorism underwriter at Axa XL.
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She replaces Mark Walker, who moved last year to become head of national business for the UK.
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Milner was appointed CEO of Aspen UK in 2020 and has held a number of senior roles within the market.
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Prior to his resignation, Stubbs held the role of deputy class underwriter at Chaucer Group.
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The carrier said the decision was the culmination of a “series of strategic portfolio adjustments”.
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Mallen previously spent over 10 years at Chaucer, most recently as a US casualty reinsurance underwriter.
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The carrier is looking to grow its direct underwriting capabilities, focussing on the offshore wind market.
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