Beazley has reported a profit before tax of £86.8m for the year ended 31st December 2006.
The result is more than five times the £16.1m it produced in 2005.
The company said gross premiums written rose 34% to £645.1m and the combined ratio fell to 86% from 105% in 2005.
Andrew Beazley, chief executive of Beazley, said:
“The company delivered a strong performance in its 20th year...we saw growth across the business and took advantage of the opportunities presented by profitable underwriting conditions. We enter the new year with a positive outlook.”
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.
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.
