Beazley returns to profit in H1 2021

money

Beazley has posted a pre-tax profit of $167.3m (£121.8m) for the six months to 30 June 2021, up from a loss of $13.8m in the first half of last year.

The provider also reported an improved combined operating ratio of 94%, compared to 107% in H1 2020.

In addition, Beazley’s gross written premium increased by 22% to $2.0bn (H1 2020: $1.7bn), and revenue rose to $1.5bn (H1 2020: $1.3bn).

The provider said in a statement that it has continued to take underwriting action to address

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: