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Beazley premiums remain flat, despite 1% rate reductions

Andrew Horton

Specialist insurer Beazley has maintained premium levels after the first nine months of the year, despite noting continued pressure of rates.

Gross written premiums for the nine month period ending 30 September held at $1.5bn (£940m), despite renewal rates decreasing by 1% across the book.

Reductions were most significant for reinsurance

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