Beazley financial results News

UK Insurer Beazley Upgrades 2024 Forecast After H1 Profit Nearly Doubles

British insurer Beazley upgraded its combined ratio forecast for 2024 on Thursday after first-half pretax profit nearly doubled, boosted by growth in its property risks premiums and fewer catastrophe losses, sending its shares up 10%. The insurer, which commands about …

Beazley’s H1 Profits Drop but Full-Year Outlook Rises on Cyber Premium Growth

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 full-year profitability guidance on an increase in cyber risk premiums. Beazley, a major cyber insurer, said it …