Insurance Post

Beazley predicting 'mid-80s' full year COR

Andrew Horton

Beazley has chalked up a 5% rise in premiums of $1.54bn (£958m) over the first nine months of the year, as limited exposure to weather events has left the firm expecting a better than predicted full year combined ratio.

The GWP result has been largely supported by an average rate rise of 3% within the firm's largest two divisions, speciality lines and property, where GWP was recorded at $596m and $293m - a 1%

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