Chaucer Holdings' pre-tax profits will drop from £38.2m to £33m under the international IFRS accounting standards, it was announced today.
The Lloyd's insurer added that net assets would fall from £166.8m to £153.9m because of the new rules.
Chaucer said it will report first half results under the IFRS rules for the first time in September.
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.
