Beazley
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Stephan Simon left BMS in June 2024 after almost three years in the role.
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The carrier plans to reduce 623’s stamp by around 10% next year.
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Plus, the latest people moves and all the top news of the week.
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Top line grew across all carriers even as pre-tax profits dipped.
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The London carrier missed consensus on gross and net premiums for H1.
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The carrier booked top-line growth of 2% in H1.
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Rates were down 3.9% across its portfolio in the first half of 2025.
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The Beazley CUO said geopolitics would determine cyber market pricing.
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The executive’s career includes a stint as head of cat for CorSo.
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Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
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Plus, the latest people moves and all the top news of the week.