Beazley post $13.8m half-year loss amid pandemic claims surge
Beazley has posted a pre-tax loss of $13.8m (£10.8m) for the first half of 2020 after seeing claims surge for its contingency and property divisions amid the Covid-19 pandemic.
Its current year property claims reserves doubled to £188.5m compared to £93.7m at the same point last year, while reserves for claims in its political, accident and contingency division increased 81%
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