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Beazley sees premiums rise but flags $70m loss from US storms : CityAM

Beazley sees premiums rise but flags $70m loss from US storms The firm said that the storms in Texas would cost it in the region of $70m. (Getty Images) Insurance firm Beazley today said that its gross written premiums jumped nearly a fifth in what it labelled a โ€œpositiveโ€ start to 2021. The firm said that gross premiums written increased by 16 per cent to $971m in the first quarter, up from $840m in the same period last year. It added that its estimated loss from the Covid...
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Source: cityam.com

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