Beazley Profits Jump Off Investments, Rates Rise 6%

Beazley on cyber premiums

Specialist insurer Beazley has posted a pre-tax profit for 2019 of $267.7 million, up from $76.4 million in 2018, and reported a 6% rate increase. Beazley’s pre-tax profit jump was bolstered by a strong investment return of $263.7 million, up from $41.1 million in 2018. The firm’s combined ratio of 100% – up from 98%… Continue reading Beazley Profits Jump Off Investments, Rates Rise 6%