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Beazley expands horizons from the US

Shares in Lloyd's insurer Beazley Group are marginally up this morning on the news that the group has increased the capital of its US admitted insurance company, Beazley Insurance Company, Inc., by $45m, resulting in a total capitalisation of approximately $105m.

The additional funds will be used to support the growth of Beazley's business in the US admitted market, including specialty professional and management liability insurance and the newly launched

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