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21 May 2012

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Beazley prepares for 2012 premium growth

16 November 2011

Lloyd's (re)insurer Beazley is expecting to expand its top line by 5-10 percent in 2012 due to the effects of catastrophes and RMS Version 11, the firm said in its interim management statement.

Beazley is the second blue chip Lloyd's (re)insurer to announce increased stamp capacity for 2012 after Hiscox, which plans to increase capacity on its flagship Syndicate 33 by around 5 percent next year.

Beazley said it had asked Lloyd's for permission to increase its book next year...

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