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Beazley Group reports profits of £22.2m

Lloyd’s insurer, the Beazley Group has reported £22.2m in profit before tax to 30 June 2004.

Profit has increase almost tenfold from £2.5m in 2003 which is a reflection of the group being in its second year of operation.

Gross premiums written for the period were £394m up from £351m in 2003

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