Investment returns drive Beazley half-year profit as it strengthens cat reserves
Beazley saw double-digital premium growth in the first six months of the year, posting a pre-tax profit of $166.4m (£133.9m) largely driven by “exceptional” investment returns.
The figure represents a 189% increase on last year’s half-year profit of $57.5m. The specialist insurer ultimately saw its full-year profit fall 55% in 2018 as natural catastrophe claims squeezed
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