Chaucer snapped up by China Re after ‘strategic review’ by Hanover

13-09-2018

Chaucer snapped up by China Re after ‘strategic review’ by Hanover

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China Re, China’s biggest reinsurer, will acquire speciality insurer Chaucer from its parent The Hanover Insurance Group for $950 million in a deal that gives the buyer a solid foothold in both the speciality markets and in Lloyd’s.


Chaucer, The Hanover Insurance Group, China Re, Lloyd's, Acquisition, M&A, Specialty, Europe, China, Asia Pacific

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