Press Releases
Analyst and Investor Day
Date published: 09/07/10
ANALYST & INVESTOR DAY
Chaucer Holdings PLC ("Chaucer"), the diversified Lloyd's insurance group, will hold a presentation for analysts and investors this afternoon in London.
Robert Stuchbery, CEO, Bruce Bartell, CUO and Ken Curtis, CFO will host the event, together with members of the Senior Management and Underwriting Teams.
As part of the presentation, Chaucer will provide the following update on the development of its new International Liability Division:
• The Division's proposed income is £40 million for 2011
• The Division will target primarily Professional Indemnity (over 50%) and General Liability (over 25%) business
• The Division's maximum line size will range from £10 million to £15 million
• Following the recent appointments of Mark Lawrence and Ian Noble, recruitment of the team is now complete, with the appointment of Mark Aaron as Class Underwriter for General Liability. Mark is an acknowledged market leader, with over 19 years of experience in the International Liability Market
No material new information or an update on trading will be provided by Chaucer during this presentation.
A copy of the presentation will be available on Chaucer’s website (www.chaucerplc.com) from 12.15pm today.
The half-year financial results for 6 months ended 30 June 2010, will be announced on Thursday 26 August 2010.
For further information, please contact:
Robert Stuchbery, Chief Executive Officer
Bruce Bartell, Chief Underwriting Officer
Ken Curtis, Chief Finance Officer
Chaucer Holdings PLC
T: 020 7397 9700
Jessica Stephenson, Marketing and Communications Manager
Chaucer Holdings PLC
T: 020 7105 8258
Justin Griffiths/Grant Ringshaw
Citigate Dewe Rogerson
T: 020 7638 9571
E: chaucerpr@citigatedr.co.uk
Note to editors
Chaucer Holdings PLC is a diversified insurance group listed on the London Stock Exchange. Chaucer underwrites business at Lloyd’s, the world’s leading insurance and reinsurance market.
Chaucer deploys specialist underwriters in over 28 major insurance and reinsurance classes, balancing global marine, energy, non-marine and aviation with UK motor and nuclear.
Headquartered in London, Chaucer has international operations in Copenhagen, Houston and Singapore.
For more information on Chaucer, please visit www.chaucerplc.com.
