Beazley estimates $50mn Ukraine exposure as Q1 GWP surges 27%
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Beazley estimates $50mn Ukraine exposure as Q1 GWP surges 27%

Luke Harrison
06 May 2022
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Beazley’s first-quarter gross written premium swelled by 27% to $1.23bn, as it capitalised on doubling rates in cyber to grow the book.

The carrier has also calculated its net exposure to the war in Ukraine as around $50mn net of reinsurance, but said its combined ratio guidance remains at around 90% for the full year.

The

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Luke Harrison
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