Beazley ‘strong’ thanks to US growth

growth-business

Beazley's interim results for the six months ended 30 June 2014 showed 61% increase in profit before tax, which hit $132.9m (£77.9).

In the previous year it posted profits of $82.3m (£48.2) for the same period.

The insurer pointed to growth in the US for the "strong results" which also saw gross written premiums increase 1% to $1,077.7m (2013: $1,066.7m).

Chief executive Andrew Horton commented: "Beazley performed well in the first half of the year, in a market that has become steadily more

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