Skip to main content

Chaucer receives "a number of approaches"

Chaucer has said that it has received a "number of approaches" since it announced a £75m capital raising at the end of January.

Following press reports over the weekend, the company also said that it has been conducting discussions with all the parties, and the board will be convening today to discuss the proposals.

Novae were the first to announce interest in Chaucer when it proposed a 'nil-premium, all-share' merger.

A number of Bermudian parties are thought to be interested in Chaucer - Flagstone and Endurance both said that they had explored the Lloyd's option, but with little success.

Brit Insurance has declined to

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@insuranceage.co.uk or view our subscription options here: https://subscriptions.insuranceage.co.uk/subscribe

You are currently unable to copy this content. Please contact info@insuranceage.co.uk to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

Geo’s Renovation Underwriting speeds up for brokers

Private client renovation risks with a premium below £3,000 that meet the automatic approval criteria can now be priced and bound with immediate effect through Renovation Underwriting’s portal without needing manual underwriter review, the business has confirmed.

Ageas UK GWP jumps as Esure deal flows in

Ageas has posted a 72% hike in gross written premiums in the UK to €1.42bn (£1.21bn) for the first half of the year as the takeovers of Esure and Saga’s underwriter Acromas Insurance Company continued to kick in.

ALA expands range with pothole insurance

Yorkshire-based GAP insurance provider ALA Insurance has expanded its product offering with the launch of a specialist pothole insurance policy, in a move it claimed targets one of the “more persistent and costly problems facing UK motorists”.

Most read articles loading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: