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Chaucer appoints chief risk officer

Chaucer PLC named James Wright chief risk officer, effective April 1, subject to regulatory approval.

Wright, who was head of risk and capital at the company, succeeds Penny Shaw, who will step down from the post, effective March 31.

Shaw was named as group chief risk officer for Chaucer and Hanover Insurance Group, Chaucer's previous owner, in 2016.

China Reinsurance (Group) Corp. is the ultimate parent company of Chaucer.