Chaucer Holdings announces increase in profits
Lloyd's insurer Chaucer Holdings has announced a 32% increase in profits to £19.8m for its interim r...
Lloyd's insurer Chaucer Holdings has announced a 32% increase in profits to £19.8m for its interim results for the first six months to 30 June 2004. The company saw gross written premium income up 10% to £221.0m (2003 £201.2m), while net earned premium income was up 39% to £150.4m (2003 £108.0m). The insurer's combined ratio of 82.8% was an improvement on 2003's 89.6%.
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