Chaucer Group is an international specialty insurance and

reinsurance Reinsurance is insurance that an insurance company purchases from another insurance company to insulate itself (at least in part) from the risk of a major claims event. With reinsurance, the company passes on ("cedes") some part of its own insu ...

group. It is headquartered in London, with offices overseas.

History

The company was established by Bob Laslett in 1987. It was subsequently listed on the

London Stock Exchange The London Stock Exchange (LSE) is a stock exchange based in London, England. the total market value of all companies trading on the LSE stood at US$3.42 trillion. Its current premises are situated in Paternoster Square close to St Paul's Cath ...

. It was then acquired by

Hanover Insurance The Hanover Insurance Group, Inc. is an insurance company based in Worcester, Massachusetts. It was the original name of a property-liability insurance firm established in 1852, and it remained a publicly traded company under that name until the e ...

for £313 million in April 2011. It was the subject of a management buyout supported by Growth Capital Partners in February 2014. Chaucer was acquired by China Reinsurance (Group) Corporation (China Re) for $950m (£766m) in 2018.

References

External links

Official site
Insurance companies of the United Kingdom {{UK-finance-company-stub