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Inside FAC can reveal that Chaucer has decided to withdraw from its US binder and facultative property business. It is understood the decision is part of a broader strategic move to restructure its US quake and wind-exposed business within the property division.

The decision impacts the futures of Chaucer's class underwriter for US D&F Andrew Richardson and class underwriter for property binding authorities Sarah Mendola. Both are well regarded in the market.

As reported by Inside FAC in August the...

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  Inside FAC