Chaucer Group is an international specialty insurance and reinsurance group. It is headquartered in London, with offices overseas.

Chaucer Group
Company typePrivate company
IndustryReinsurance
Founded1987
FoundersBob Laslett
Headquarters
Key people
Richard Milner (CEO)[1]
Websitewww.chaucergroup.com

History edit

The company was established by Bob Laslett in 1987. It was subsequently listed on the London Stock Exchange. It was then acquired by Hanover Insurance for £313 million in April 2011.[2] It was the subject of a management buyout supported by Growth Capital Partners in February 2014.[3]

Chaucer was acquired by China Reinsurance (Group) Corporation (China Re) for $950m (£766m) in 2018.[4][5]

References edit

  1. ^ "Chaucer Group names new CEO". Insurance Business Magazine. 17 January 2024.
  2. ^ "Hanover buys Chaucer for £313m". Insurance Times. 20 April 2011. Retrieved 25 February 2024.
  3. ^ "GCP back buyout of Chaucer Group Limited". Growth Capital. 28 February 2014. Retrieved 25 February 2024.
  4. ^ "Chaucer CEO exits to pursue 'opportunities'". Post Online. 6 June 2023. Retrieved 25 February 2024.
  5. ^ "China Re Completes Purchase of Chaucer Holdings from Hanover Insurance". Insurance Journal. 31 December 2018. Retrieved 25 February 2024.

External links edit