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Lloyd's of London insurer Beazley on Friday reported first-half profits fell on hits to its investment portfolio from market volatility, but raised its
Beazley hails cyber market opportunity as it returns to profit in 2021 | Financial News
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 “positive” 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-19 pandemic remained at $340m, in line with previous expectations. In addition, Beazley said that t...