Chaucer has arranged a new loan with Lloyds TSB to help increase its underwriting next year.
The deal effectively provides an extra £10m to push the group's interest in the 2003 year of account to £220m.
The Lloyd's insurer updated its forecasts for the 2000 and 2001 years of account on its syndicates 587, 1084 and 1096 covering motor, marine and non-marine respectively.
The forecasts showed a marginal improvement in Syndicate 587's 2000 forecast and a marginal worsening of 1096's 2000 forecast.
The group's WTC losses remained unchanged.
The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.
