We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for streaming realtime charts, analysis tools, and prices.
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Chaucer Hldgs | CHU | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| 0.00 | 0.00% | 53.125 | 01:00:00 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 53.125 | 53.125 |
| Top Posts |
|---|
Posted at 08/3/2011 07:47 by dashton42 From today's City AM (following on from the Telegraph article):CHAUCER'S share price was barely changed after the company reported a smaller-than-expecte Chaucer again said it had received a "number of takeover approaches" but was tight-lipped otherwise. But how much would a successful suitor have to pay? Despite a lower combined ratio the key measure of profitability for insurance firms the same fundamentals that made the insurer so attractive to buyers still remain. Firstly, the diversification of its underwriting exposure is extremely reassuring. In 2011, for example, rate increases of 10 per cent in energy and 14 per cent in UK motoring will offset a reduction of 10 per cent in US?property and a broadly flat picture elsewhere. Second, its presence in Lloyd's offers a perfect entrance for a private equity or trade buyer. Thirdly, it is strongly capitalised, with economic capital of £435m, including a buffer of £60m. For that reason, any buyer will likely have to pay a premium to its 2011 net tangible asset value, forecast at 54p by analysts at Shore Capital. A premium of around 20 per cent would likely be justifiable, meaning the magic number is around 65p. With the shares trading at 58.5p at yesterday's close, buyers could still make a tidy profit. |
Posted at 15/12/2010 10:52 by lionheart79 don't think this one is especially good for traders peterz - but for investors, very much so. juicy divi on offer |
Posted at 09/7/2010 12:28 by tullynessle Chaucer Presentation Pdf now available at the CHU website - Analyst and Investor day presentation 9 July 2010 |
Posted at 10/3/2010 12:17 by kevink3 Good report here on Chaucer and Hardy. Both look good. I really like this report. Have a look:It free to register. |
Posted at 19/1/2010 10:48 by crawford TIDMCHU RNS Number : 7687F Chaucer Holdings PLC 19 January 2010 ? 19 January 2010 CHAUCER HOLDINGS PLC New Lloyd's Managing Agency Approval Chaucer Syndicates Limited (Chaucer Syndicates), the managing agency of Chaucer Holdings PLC, is pleased to announce that Antares Managing Agency Limited has received approval from Lloyd's and the FSA to manage Lloyd's Syndicate 1274, which was launched under the management of Chaucer Syndicates in 2008. In addition to having provided syndicate management, the Chaucer Group continues to support Syndicate 1274 through an investment in Antares Holdings Limited, a Bermudian-based holding company established by a specialist insurance industry investor group to provide capital to the syndicate. The Turnkey Solutions team at Chaucer Syndicates, has worked closely with Antares during the past 15 months to help it to develop the Antares Managing Agency and to gain regulatory approval. Management of the syndicate has now transferred to the Antares Managing Agency from Chaucer Syndicates. Chaucer Syndicates provides a practical solution for investors seeking a Lloyd's presence without incurring the additional costs of a standalone managing agency, helping investors develop their routes to Lloyd's, providing syndicate launch support and on-going management. Commenting on behalf of Chaucer Syndicates Limited, Janet Helson, Director, Third Party Syndicates said: "I would like to congratulate Antares on receiving approval from Lloyd's and the FSA for its new managing agency and wish them and Syndicate 1274 good luck for the future." Stephen Redmond, Managing Director, Antares said: "I would like to thank Chaucer for helping us to develop our managing agency and to gain regulatory approval. I also wish to thank them for the continued support they have shown us since the launch of Antares Syndicate 1274 in 2008." |
Posted at 05/1/2010 11:57 by mazarin CHU is an insurance and reinsurance underwriter that provides management skills, expertise and capital required to underwrite (non-life) insurance business at Lloyd's.Further Company and Investor Information try: Goes Ex-Div (Finals) - 2.7p) 5th May - payable 28th May 2010, |
Posted at 14/12/2009 16:50 by plootocrat Can any of you more experienced investors help me understand the unusual trading patterns in this stock this afternoon? |
Posted at 21/10/2009 20:22 by slapdash if in doubt blame women investors..... I like it..... at least she is described as a "lady" our share buyer... Slap |
Posted at 30/9/2009 21:20 by what is a login ? Interim divi due tomorrow for holders who bought pre-Sep 9th.A consolation for investors waiting to break through the 50p barrier. Patience, patience.... |
Posted at 12/7/2009 13:21 by jpmorgan Back page of the Sunday times says the Martin Gilbert (Chairman) had struck a deal to sell 29% stake in last few days. If true, cant blame big investors wanting sector exposure to a company at 25% discount to NAV, profitable in a sector with favourable dynamics over next 12-18 months. Just a shame the management were diverted for a long period. Still good for longer term investors.JPM. |
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
