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Chaucer has hired a new property facultative team in Singapore, led by Patrick CY Lim, who joins from Liberty. The news comes after the company confirmed it was exiting the US fac market.

The Singapore expansion continues the Lloyd's insurer's trend of expanding into emerging markets after it opened a new office in Buenos Aires this month to write facultative property and related risks across the region.

Chaucer has appointed Patrick CY Lim as property class underwriter and Jessie Yuen...

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