Brit Insurance Holdings, which is acquiring insurer PRI, has increased its stake in Lloyd's insurer Chaucer to 9.8%.

Scottish Widows, part of Lloyds TSB also increased its stake in Chaucer by 0.38% giving it a 3.2% holding in the Lloyd's insurer.

Chaucer's shares were up to 38.75 pence this morning.

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