Beazley offers sweeteners to Syndicate 623 Names for transfer of $1.6bn E&S business
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
© 2024 Insider International Limited, company number 15236286, 4 Bouverie Street, London, EC4Y 8AX. Part of the Delinian Group. All rights reserved.

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Cookies Settings

Beazley offers sweeteners to Syndicate 623 Names for transfer of $1.6bn E&S business

Ayesha Venkataraman, 
Rachel Dalton
31 July 2023
  • X
  • LinkedIn
  • Email
  • Show more sharing options
  • Copy Link URLCopied!
  • Print
  • X
  • LinkedIn
  • Email
Beazley_results.png

Beazley has outlined its proposals to compensate Names of Syndicate 623 following its decision to transfer around $1.6bn of E&S business to a new US company platform, according to documents seen by this publication.

Beazley CEO Adrian Cox confirmed last week that the carrier has begun the process of moving its US E&S business off its Lloyd’s paper.

Beazley

Enter your e-mail to claim a free trial:

Uncover exclusive insights tailored for insurance leaders

    • Stay Informed: Access exclusive industry insights
    • Gain a competitive advantage: Hear first about tactical developments
    • Make better decisions: Understand market dynamics in crucial lines of business
Take a free trial Already a subscriber? Login now

Topics

NewsBeazleyLloyd's
Ayesha
Ayesha Venkataraman
News Editor
Contact
rachel dalton 2024 ii red 2.png
Rachel Dalton
Lead Reporter
Contact
Gift this article