Chaucer
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The commitment includes achieving greenhouse gas neutrality across its global underwriting and investment portfolios.
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The carrier launched a dedicated renewable power offering at the start of 2022, led by Lyndsey Picton.
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With the Lloyd’s Lab in its fourth year and poised to welcome cohort eight to its incubator, Insurance Insider examines its impact so far.
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The syndicate also increased gross written premiums by 17.6% to $1.7bn, amid favourable market conditions in most classes.
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The scorecard will assess a company’s ESG profile, taking areas such as water management, air pollution, D&I, and local infrastructure into account.
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The energy division at Chaucer will now be split into two teams: renewable power and natural resources.
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In his new role, Raj Nanra will be responsible for the leadership, strategic delivery and financial result of SLE Holdings (SLE Worldwide Australia).
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Joe Murphy has left his senior underwriter post to join the Ryan Specialty Group-owned MGA.
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The promotions precede the retirement of both Ed Lines, active underwriter of Syndicate 1084 and Colin Clulow, head of property division, at the end of 2021.
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The upgrade seeks to reflect the strength of Chaucer Insurance Company and its parent company China Re’s balance sheets, S&P said.
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The appointment follows the departure of underwriter Alex Harris, who has joined Antares.
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The respected underwriter, who has worked at the business for more than two decades, will be replaced by Harriet Sharp.
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