The UK Court has sanctioned the scheme of arrangement by which the ownership of Lloyd’s insurer Chaucer will be transferred to US insurer Hanover Group.

For the scheme to become effective, the Court must now confirm the reduction of capital at a court hearing scheduled for 30 June.

Chaucer expects trading in its shares on the London Stock Exchange to be suspended from 16.30 on 30 June, and that its stock market listing will be cancelled by 08.00 on 4 July.

Chaucer agreed to be bought by Hanover on 20 April.

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.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.

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