Energy Insurers Become Latest Casualty of Oil Slump as Projects Are Postponed February 11, 2016 By Carolyn Cohn and Jonathan Saul The insurance industry is becoming the latest casualty of the oil price slump, with postponements and cancellations of energy projects...
Beazley’s ROE of 19% Will Be ‘Difficult’ to Sustain in Current Market: CEO Horton February 4, 2016 By Sarah Jones Beazley Plc Chief Executive Officer Andrew Horton said the company’s return on equity of 19 percent in 2015 isn’t sustainable...
Foreign Insurers Take Cautious Look at Iran Business in Wake of Nuclear Deal July 27, 2015 By Carolyn Cohn and Bernardo Vizcaino Western and Middle East insurance specialists see Iran as an appealing $8 billion market in the wake of its nuclear...
Beazley First-Half Profit Rises 16%, Led by U.S. Premium Growth July 24, 2015 By Ben Stupples Beazley plc, the first Lloyd’s of London insurer to report earnings, had a 16 percent increase in first-half profit, helped...
Beazley Reports Q1 Premiums Up 6% to $546 Million May 8, 2015 Beazley plc reported that first quarter premiums grew by 6 percent to $546 million, compared to $516 million in 2014....
Beazley, Korean Re Form Partnership; Create Special Purpose Lloyd’s Syndicate April 9, 2015 Beazley and Korean Re announced a partnership to develop business together and to establish a special purpose syndicate at Lloyd’s,...
Beazley Bets on U.S. Unit to Offset Declining Rates at Lloyd’s Business February 6, 2015 By Sarah Jones Beazley plc is targeting 5 percent growth for 2015 as the insurer looks to its U.S. unit to help offset...