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Beazley makes positive start to year as premiums grow 16% in Q1 | 13 May 2021 - Vimarsana News

Beazley makes positive start to year as premiums grow 16% in Q1 | 13 May 2021

13 May 2021 | 08:51am StockMarketWire.com - Insurance company Beazley reported a 'positive' start to the year with good rate momentum that was well ahead of its expectations as premiums grew 16% in the first quarter of the year. For the three months ended 31 March, gross premiums written increased by 16% to $971 million year-on-year. The growth in premiums was driven by a combination of rate increases and adding exposure in a number of areas, the company said. COVID-19 first party loss estimate remained unchanged at $340 million net of reinsurance, with Q1 catastrophe losses estimated to be ...

Beazley's CEO Andrew Horton set to depart for QBE Insurance | 3 March 2021 - Vimarsana News

Beazley's CEO Andrew Horton set to depart for QBE Insurance | 3 March 2021

3 March 2021 | 08:17am StockMarketWire.com - Insurance company Beazley said chief executive officer Andrew Horton is set to depart to become the CEO of QBE Insurance in Australia. Adrian Cox has been appointed to replace Horton as CEO from 1 April 2021. He was most recently chief underwriting officer and had been a member of the board since 2010. Horton would remain with Beazley until 31 March 2021 and is not expected to take up his new role until 1 September 2021. Following Cox's appointment, Bethany Greenwood would be the interim CUO of long tail underwriting and Tim Turner will be th...