Novae in the frame for merger
Lloyd’s insurer Chaucer is exploring a merger after receiving a proposal from Novae.
In a statement to the stock exchange, Chaucer said it would consider whether the unsolicited proposal, which was on an all share, nil premium basis, would be in the interest of shareholders.
It added that the proposal contained a number of conditions and there was no certainty that an offer would be made.
Earlier this week, Chaucer said it was exploring raising capital to take advantage of improving underwriting conditions (page 13).
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.
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