Lloyd’s insurer’s figures boosted by growth in marine and aviation

Lloyd's building

Lloyd’s insurer Beazley boosted GWP by 11% to $518m (£332m) (Q1 2012: $465m) in the first quarter.

Business volumes were boosted by the marine division growing its book by 24% and the new aviation team that started writing business in the final quarter of last year.

Another growth driver was the reinsurance division increasing premium by 20% and an 8% rise in management liability and in technology and media business.

Chief executive Andrew Horton said: “We have made a positive start to 2013, with an 11% increase in premium and rates rising across most of our business.”

 

The 2025 Insurance Times Awards took place on the evening of Wednesday 3rd December in the iconic Great Room of London’s Grosvenor House.

Hosted by comedian and actor Tom Allen, 34 Gold, 23 Silver and 22 Bronze awards were handed out across an amazing 34 categories recognising brilliance and innovation right across the breadth of UK general insurance.
Many congratulations to all the worthy winners and as always, huge thanks to our sponsors for their support and our judges for their expertise.