Beazley
-
Stephan Simon left BMS in June 2024 after almost three years in the role. -
The carrier plans to reduce 623’s stamp by around 10% next year.
-
-
Plus, the latest people moves and all the top news of the week.
-
Top line grew across all carriers even as pre-tax profits dipped.
-
The London carrier missed consensus on gross and net premiums for H1.
-
The carrier booked top-line growth of 2% in H1.
-
Rates were down 3.9% across its portfolio in the first half of 2025.
-
The Beazley CUO said geopolitics would determine cyber market pricing.
-
The executive’s career includes a stint as head of cat for CorSo.
-
Beazley, Hiscox and Lancashire all grew in Q1 despite widespread rate decreases.
-
Plus, the latest people moves and all the top news of the week.
-
CEO Adrian Cox said the market could turn on “unexpected events”.
-
Cyber and property experienced the largest price reductions.
-
It is understood that Marsh brokered the tower, which is exposed to claims from a 2024 breach.
-
Ki cut its top line by 8.7%, while Beazley’s smart-tracker expanded to $481mn.
-
The transactional liability-focused MGA's Lloyd’s line is up from £37.5mn to £40mn.
-
Hiscox, Beazley and Lancashire all reported top line growth, but ROEs dipped in an active wind season.
-
Plus, the latest people moves and all the top news of the week.
-
He said that “everyone’s looking for growth”, as the firm has moderated its top line projections.
-
Predicting underwriting conditions for the remainder of the year is ‘challenging’.
-
The London carrier posted an undiscounted combined ratio of 79%, up from 74% in 2023.
-
Lloyd’s CEO pay is lowest compared to major LSE-traded specialty insurers by a considerable margin.
-
Sara Foucher has held roles at RSA, Swiss Re and XL Catlin.
