Chaucer committed to developing franchise
The Board of Chaucer said it remained committed to developing its franchise at Lloyd's and to delive...
The Board of Chaucer said it remained committed to developing its franchise at Lloyd's and to deliver its attractive returns on capital for its shareholders across the insurance cycle. The announcement followed a previous statement from Amlin which stated that it had decided not to make an offer for Chaucer. After much consideration Amlin said it finally concluded that sufficient value for its shareholders could not be created by proceeding with the deal.
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