Specialist Lloyd's insurer Chaucer Holdings' wholly-owned subsidiary ALIT has offered to buy £39.9m of capacity of Syndicate 1084 for the 2004 year of account.
The syndicate is expected to have capacity of £400.2m for 2004.
ALIT could pay up to £4.4m for the capacity.
The news comes as Chaucer was approved by Lloyd's to increase its capacity for Syndicate 1096 for 2003 to £190m from £159.7m.
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.
