Beazley will consider returning some of its growing mountain of surplus capital to shareholders through a special dividend if it is unable to put it to work in underwriting, CEO Andrew Horton has said.
"The key is to not hold too much surplus capital if we can't use it. Therefore if we think we have more than we need, we will hand it back." he told The Insurance Insider.
Beazley kicked off the H1 reporting season for the London market...
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