Beazley News – Page 2
-
NewsSpecialist insurer Beazley predicts business risks to increase for Summer 2022
Business leaders are facing the ‘stiffest test in a generation’, says chief executive
-
NewsBeazley updates underwriting divisions in support of ‘bold’ growth ambitions
The four underwriting divisions will be headed up by specialists, supporting the insurer to ’seize opportunities’
-
NewsBeazley partners with Lloyd’s Lab alumni on IVF insurance proposition
Beazley believes the product is ’unique’ and will ’change the status quo’
-
NewsBeazley targets cyber book growth in 2022 following increased customer demand
Chief executive also celebrates insurer’s ‘largest profits in history’ following Covid-dented 2020
-
NewsBeazley improves combined operating ratio by 16% in 2021 following pandemic recovery
Rate improvements in the cyber market and lower natural catastrophe losses have contributed to the business’ profit
-
NewsBeazley reports GWP improvement of 29% for 2021’s Q3
Chief executive believes the insurer is in a ‘great position to capitalise’ on the ‘the opportunity in the cyber market’
-
NewsBeazley receives in principle approval to establish ESG-centric syndicate
The syndicate will offer additional capacity to businesses performing well against ESG metrics
-
NewsBeazley promotes new group head of strategy
The candidate will help to drive the insurer’s ’future strategy and direction’
-
NewsUK executives most concerned about technology disruption risks in 2021 – Beazley
Beazley’s global head of cyber and technology says collaboration and communication between the broker, insurer and customer is more important than ever
-
NewsBeazley launches affirmative cyber cover for luxury yachts
With an £18m aggregate policy limit, the insurance product aims to combat cyber threats to superyachts using ‘preventative mitigation services, traditional asset indemnity and immediate response services to incidents’
-
NewsBeazley bolsters GWP by 22% in first half of 2021
Chief exec is ‘excited about the growth opportunities ahead’ as profit before tax improves from 2020’s loss position
-
NewsAlmost half of executives think insurers don’t understand their business – Beazley
Only 54% of Beazley’s survey respondents believe that insurance is meeting their businesses’ challenges very well
-
NewsBeazley’s GWP doubles to 16%
Significant underwriting actions have also been in place since September 2020 due to surging claims driven by ransomware
-
NewsCovid claims lead to Beazley profit plunge
Claims payouts from the coronavirus pandemic have led to a significant decline in profit for the insurer
-
-
NewsNew Beazley unit to look at insurtech opportunities
Premium Content: Lloyd’s insurer’s chief operating officer to head new Beazley unit
-
NewsUS unit boosts Beazley's profits in 2016
But higher brokerage and investment costs drove up Beazley combined operating ratio
-
-
NewsBeazley first quarter GWP up 7% as rates fall 1%
Lloyd’s insurer Beazley wrote gross premiums of $538m (£401.6m) in the first quarter of 2016, up 7% on the $546m it wrote in the same quarter last year. The increase came despite a 1% cut in rates in the quarter. The Lloyd’s insurer also reported a ...
-
NewsBeazley completes return of its head office to the UK
Beazley has completed the transfer of its head office to the UK from Ireland. The Lloyd’s insurer announced plans for the move in its 2015 results in February. A new UK-domiciled company, called New Beazley, is now the holding company for the group. The completion of ...
