June 18, 2013 8:22 PM ET

Insurance

Company Overview of Chaucer Holdings PLC

Company Overview

Chaucer Holdings PLC, through its subsidiaries, operates as a specialist insurance and reinsurance underwriter. The company provides various insurance products, including motor insurance for the private car and fleet markets, as well as for commercial vehicles, taxi, motorcycles, motor trade, classic/specialist vehicles, and other small commercial products. It also underwrites marine insurance, including hull, excess of loss, and cargo and specie, as well as political risk, war, and satellite business; and energy insurance encompassing exploration and production, construction, liabilities, downstream, and renewables that offer coverage against physical damage, business interruption, control ...

Detailed Description

Plantation Place

30 Fenchurch Street

London,  EC3M 3AD

United Kingdom

Founded in 1922

695 Employees

Phone:

44 20 7397 9700

Fax:

44 20 7397 9710

www.chaucerplc.com

Key Executives for Chaucer Holdings PLC

Chief Executive Officer
Age: 55
Chief Finance Officer
Age: 51
Operations Director
Chief Executive Officer of Chaucer Singapore PTE Ltd
Chief Underwriting Officer
Age: 55
Compensation as of Fiscal Year 2012.

Chaucer Holdings PLC Key Developments

Chaucer Holdings plc and 440 Tessera Limited Replace Existing Standby Letter of Credit Facility

Chaucer Holdings plc has replaced its existing Standby Letter of Credit Facility, used to provide Funds at Lloyd's for the 2011 year of account and prior open years of account, with a new Standby Letter of Credit Facility for the 2012 and 2013 years of account and each open prior year of account. The following is a description of the new facility and related Company Guaranty. On November 28, 2011, Chaucer, as account party, and 440 Tessera Limited (a wholly-owned subsidiary of the Company and the parent of Chaucer) and certain subsidiaries of Chaucer, as guarantors, entered into a Standby Letter of Credit Facility Agreement with the lenders party thereto from time to time, Lloyds TSB Bank plc, Barclays Bank PLC and The Royal Bank of Scotland plc as mandated lead arrangers and Lloyds TSB Bank plc as bookrunner, overdraft provider, facility agent of the other Finance Parties (as defined therein) and security agent to the Secured Parties. The Facility Agreement replaces the GBP 90,000,000 Standby Letter of Credit Facility entered into by Chaucer on November 29, 2010.

Chaucer Holdings plc(LSE:CHU) dropped from FTSE All-Share Index (GBP)

Chaucer Holdings plc(LSE:CHU) dropped from FTSE All-Share Index (GBP)

Chaucer Holdings plc(LSE:CHU) dropped from FTSE All-Small Index (GBP)

Chaucer Holdings plc(LSE:CHU) dropped from FTSE All-Small Index (GBP)

Recent Private Companies Transactions

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No transactions available in the past 12 months.
 

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