Beazley News – Page 3
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NewsCovid claims lead to Beazley profit plunge
Claims payouts from the coronavirus pandemic have led to a significant decline in profit for the insurer
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NewsNew Beazley unit to look at insurtech opportunities
Premium Content: Lloyd’s insurer’s chief operating officer to head new Beazley unit
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NewsUS unit boosts Beazley's profits in 2016
But higher brokerage and investment costs drove up Beazley combined operating ratio
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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 ...
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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 ...
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NewsBeazley and Munich Re to launch cyber offering with broader cover
Beazley and Munich Re are planning to launch a cyber offering. The insurer and reinsurer will be offering tailor-made cyber policies with double the amount of coverage that was previously available. The policies will cover physical damage to property and bodily injury as well as more ...
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NewsBeazley profits up by 8.4% as demand for cyber cover grows
Insurer is planning to return head office to London to increase operational efficiency of group
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NewsBeazley chief exec Andrew Horton to take break in March and April
Chief underwriting officer Neil Maidment will serve as acting chief executive
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Online onlyBeazley’s profits surge 16% despite rates pressure
Premiums generated by US underwriters rise 25%
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Online only
GWP grows 6% at Beazley
Specialty lines premium grows 19% as rate increases help the book grow
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NewsBeazley profits hit by lower reserve releases
GWP improves but COR and pre-tax profits take a hit at the Lloyd’s insurer
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News
Beazley’s Horton: growth will be ‘challenging’
Chief executive predicts rates for short-tail business will continue to fall
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US growth helps Beazley to 61.5% profit boost
More opportunity from small US risks than big Lloyd’s business
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Beazley Q1 GWP flat amid ‘increased competitive pressures’
Renewal rates also flat despite increases in specialty lines
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Agenda
Biba members to get access to Beazley event scheme
This is the second scheme Biba has rolled out to members this year
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News
Beazley seeing rising cyber insurance demand in UK
Lloyd’s insurer expects 5-10% premium growth in 2014
