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Beazley Syndicate 623 reports $18.6m total gains increase

Andrew Horton

Beazley Syndicate 623 reported an $18.6m (£11.1m) increase in its total gains for 2013, rising to $61.4m from $42.8m in 2012.

The syndicate reported an improved combined ratio of 80% from 86% in 2012.

A statement from the insurer said: "We are pleased to announce the 2011 underwriting year is now closed and has returned 10.3

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