Beazley
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The carrier said on business written since the autumn, cyber claims frequency was 20% lower by policy count. -
The London-listed carrier reported growth and positive rate movement in all seven of its business segments.
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Analysts believe 2021 will be a “transition year” for Hiscox, Beazley and Lancashire.
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Markel, Beazley, Hiscox, Chaucer, Brit and Liberty Specialty Markets are all participants in the product development.
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Beazley has undergone a shake-up in its management following the departure of Andrew Horton.
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Former Western Union CFO to be based in the US, one of Beazley’s ‘largest markets’.
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The analyst says Hiscox must convince investors of a retail bounce-back, while Lancashire’s attritional loss ratio is key to better trading.
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he consortium and follow-only SIAB a targeted for a 1 January 2022 launch.
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A smattering of data points and commentary from Q1 analyst calls shows that turnaround efforts are bearing some fruit.
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The Week in 90 Seconds: A guide to Gallagher-Willis; Florida renewal look-ahead; Two offshore lossesPlus the insurers on-risk for the Colonial Pipeline cyber attack and all the week’s top news.
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All seven market segments achieve rate expansion, though property momentum eases from a year earlier.
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Sources say the pipeline operator has at least $15mn in cyber insurance cover.
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