Chaucer Holdings
Chaucer is a leading international specialty insurance and reinsurance group. They are headquartered in London, with international hubs for Europe, MENA, Latin America and Asia. Chaucer was acquired by China Reinsurance (Group) Corporation (China Re) in 2018.[1]
Chaucer clients can underwrite their risk through Lloyd's of London or through Chaucer Dublin, their insurance company in Dublin.
Business written
Chaucer currently manages two Syndicates at Lloyd's – Composite 1084 and Nuclear 1176 which together underwrite over 30 major classes of business.
Energy encompassing exploration and production, construction, downstream, operational power and renewables, insuring against physical damage, business interruption, control of well, seepage and pollution and liabilities. Energy also includes a nuclear account, which provides coverage across the nuclear fuel cycle.
Marine and Aviation including worldwide direct, facultative and treaty business. The marine account provides cover for hull, liability, war, terrorism, cargo, freight forwarders, political risk, specie, fine art and satellite. The aviation account insures airline hull and liability, general aviation, refuellers and aviation products.
Property including treaty business, as well as direct and facultative coverage for commercial and industrial risks against physical damage and business interruption. The treaty account covers cedents on a global basis, predominantly on an “excess of loss” basis for both per risk and catastrophe coverage, with a limited amount of proportional treaty and reinsurance assumed business.
Casualty and other including liability coverage for professional and commercial risks on a direct and treaty basis, crime and professional liability coverage for financial institutions, medical malpractice and excess workers’ compensation.