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Chaucer sets up Latin American fac operation

22 July 2010

Lloyd's insurer Chaucer is opening a new office in Buenos Aires to write facultative property business, as it looks to exploit post-Chile rate hardening.

The London-listed insurer's Argentine office will write business for Syndicate 1084 from 1 October.

Uwe Fischer will head up the new office, where he will be joined by Alejandro Ferrin and Guido Wolman. All three were previously colleagues at Glacier Re.

The initial analyst response was favourable. Oriel Securities noted that an Argentine office would give...

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This article was published as part of issue July 2010/2

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