Beazley’s capital position ‘remains strong’, shares jump by 6%
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Beazley’s capital position ‘remains strong’, shares jump by 6%

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Beazley’s capital position “remains strong and within the preferred range contemplating all the loss activity to date”, according to Beazley CEO Adrian Cox, speaking during a Q3 earnings call with investors.

The CEO added, however, that while the carrier had done a lot of work on its property and reinsurance books, overall cat costs were still running ahead of its planned cat margin.

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