Beazley Earmarks $50 Million for Likely Losses from Ukraine Conflict

Beazley on cyber premiums

After reporting a surge in quarterly gross written premiums, Beazley Plc said on Friday that it had set aside about $50 million for expected losses related to the Russia-Ukraine crisis. The British insurance industry had been recovering from large pandemic-related claims due to rising premium rates when sanctions against Russia and the devastation in Ukraine… Continue reading Beazley Earmarks $50 Million for Likely Losses from Ukraine Conflict