Price hikes of 10% attract Lloyd’s insurer to more storms
Andrew Horton, the new chief executive of Lloyd’s insurer Beazley, has told The Times it will increase its exposure to catastrophes, including earthquakes and natural storms, to about $510m (£348m) after 10% price hikes.
Beazley has just completed the acquisition of First State, a commercial property specialist, that will give it further inroads into the US. Horton said Beazley, which took $270m in premiums from its American operations last year, planned to increase that to about $1bn.
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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.
