Chaucer sees motor surge as revenues up 15%
Lloyd's insurer Chaucer Holdings has recorded a 15% rise in gross written premiums for the first six months of the year with pricing "remaining strong overall". The syndicate added that forecasts for 2003 remain unchanged for all four syndicates and that motor syndicate 587's 2002 forecast has improved strongly.
In an interim statement the company said: "Assessment of losses arising from Hurricane Charley remains necessarily judgemental at this stage although our current analysis is that Chaucer's grossandOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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