Beazley swings back to $369.2mn profit as it emerges from Covid-19
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Beazley swings back to $369.2mn profit as it emerges from Covid-19

Luke Harrison
10 February 2022
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In its 2021 full-year report, Beazley swung back to a $369.2mn profit, compared with losses of $50.4mn the year previous, with the carrier attributing the result largely to “receded” claims costs of Covid-19, which have now almost entirely been paid in full.

Combined ratio: The London carrier’s combined ratio improved by 16 points to 93% as the company bounced back from heavy losses inflicted as a result of Covid-19 earlier in the year, with the improved performance primarily driven by a...

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Luke Harrison
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