Lloyd's insurer Chaucer H1 2010 result bolstered by £5.3m reserve releases
Chaucer has reported a profit before tax of £7m (30 June 2009: £17m) for the first six months of 2010 on gross written premiums of £493m (30 June 2009: £491m).
It recorded a combined ratio of 105% (30 June 2009: 91%) and insisted its Chilean earthquake, Deepwater Horizon energy and European windstorm Xynthia loss estimates remain unchanged.
The overall
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