Beazley swings back into profit


The insurer saw gross written premiums increase by 10% in the half year to $1,013.1m (H1 2011: $924.8m) and delivered a combined operating ratio of 91%, a 17-point improvement on the 108% it achieved in the first half of the year before.

The provider noted that its claims experience in the first half of 2012 had been relatively benign, with claims notifications lower than normal and loss development in line with it expectations. Investment income was also up at $36.1m (H1 2011: $22.5m).

It added

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: