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Moody’s upgrades Beazley to A-

Moody's Investors Service has upgraded the B+ performance ratings of syndicate 623, Beazley Furlonge, and its parallel syndicate 2623, to A- good in light of continued above average performance, and following the completion of a rating review.

Moody’s said Beazley Furlonge had expanded significantly during the past few years from a capacity of £125m for 2000 to a combined capacity of £741m for 2004.

The Beazley Group has recently announced a

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