Insight and Intelligence on the London & International Insurance Markets

24 January 2018

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Beazley leads 400mn Tesco cyber tower

Catrin Shi 15 August 2017

UK retail giant Tesco has come to the London cyber market to secure a £400mn ($520mn) tower that has Beazley as the primary lead insurer, The Insurance Insider has learned.

The cyber placement is said to be one of the largest to have been written in London, and to have required almost all London markets to put down lines in order to meet the required limit.

Beazley is understood to have written the £50mn primary layer via its capacity arrangement...

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This article was published as part of issue August 2017/3

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