Beazley reported a smaller-than-expected pre-tax loss of $50.4mn for 2020, driven by first-party Covid-19 losses and an increase in ransomware reserves.
Consensus:
Beazley reported a smaller-than-expected pre-tax loss of $50.4mn for 2020, driven by first-party Covid-19 losses and an increase in ransomware reserves.
Consensus: